All4Labels Global Packaging Group is continuing its global growth strategy. Last week Tatiana de Angelo Rocha, Natalia Clara de Angelo Tavares and Juvino Tavares, owners of LabelPress Industria e Comercio da Amazonia Ltda., a converting company in Manaus (Amazonas, Brazil), signed an agreement for the company to become a 100% subsidiary of the All4Labels Global Packaging Group. The transaction is subject to customary closing conditions, including regulatory approval. Terms and conditions of the transaction were not disclosed.
With this transaction, All4Labels extends its presence to the north of Brazil and is now present in the highly industrialized zone of Manaus. The strategy is to enter the durable labels market, where LabelPress plays a major role and to grow rapidly in the region. Isidro Quiroga, All4Labels’ President Central and South Americas: “We are very happy to welcome a company such as LabelPress in our Group, adding even more diversity to All4Labels: to its people, customers, end markets as well as geographically. Their many years of experience in this important region of Brazil will further complement All4Labels’ business, expanding our footprint across the Latin American market.”
The LabelPress CEO, Juvino Tavares, continues to manage the business and, thanks to his extensive experience and market knowledge, will contribute to strengthening All4Labels’ market position in Latin America. He states: “23 years of hard work and dedication have made us a reference in our market. A life story dedicated to a versatile and remarkable company that is now part of a global family. We have the highly appealing opportunity to sustainably develop our business further, which is one of the biggest milestones for LabelPress. By becoming part of the All4Labels family, LabelPress will not only take on many new and exciting challenges, but also contribute to the diversity of the group’s high-quality businesses on a global scale. We want to express our gratitude to All4Labels for the trust they place in our company and employees. This is surely one of the most remarkable events in our company’s history. We are convinced that jointly we will further grow our market share in Latin America.”
Adrian Tippenhauer, CEO of All4Labels, summarizes: “With this new partnership we once again widen our offer across Brazil and Latin America. Our customers, partners and employees will benefit equally from this great achievement. We welcome our new colleagues and look forward to continuing the success story of All4Labels as a growing global team. Finally, I would like to thank all parties involved for their trust and valuable support in this project.”
