ACG, the world’s leading integrated pharma manufacturing solutions company, has announced its complete shareholding ownership of Technical Aluminium Foil Company (TAFC). This strategic move signifies ACG’s commitment to expanding its presence in the Middle Eastern and African markets, solidifying its growth trajectory.
As a comprehensive provider of pharmaceutical manufacturing solutions, ACG offers a diverse range of products, including capsules, films, foils, engineering equipment, and inspection systems. The addition of TAFC, a prominent aluminium foil packaging company based in the UAE, further enhances ACG’s position as a key player in delivering comprehensive packaging solutions.
With over a decade of experience serving the pharmaceutical and food industries, TAFC is well-known for its exceptional high barrier properties in aluminium and specialty packaging foils. The company’s expertise in lacquering, lamination, printing, and slitting augments ACG’s capabilities in meeting the diverse packaging needs of its clients.
This acquisition marks ACG Group’s maiden venture in the Middle East, following the successful acquisitions of ComboCap and AquaCap in the Americas. TAFC is a strategic fit with ACG Films and Foils’ existing business operations, allowing both entities to leverage their collective strengths and expertise for accelerated growth.
Shivshankar S.R., CEO at ACG Films & Foils, expressed excitement about the acquisition, stating that it will further support their mission of bringing innovative and high-quality packaging products to the market, while simultaneously reducing lead times and improving service levels. By joining forces, the companies will harness their combined strengths and expertise to drive business growth in the Middle Eastern and African markets.
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