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Raflatac and UPM Rafsec merge to form UPM Raflatac

Published on 2006-01-31. Author : SpecialChem

Raflatac, one of the world's leading pressure sensitives suppliers, and UPM Rafsec, the leading manufacturer of RFID tags and inlays have merged to form a new business entity, UPM Raflatac. Following the merger, UPM Raflatac's product and service offering comprises both pressure sensitive labelstock and RFID.

"The rebranding of Raflatac and UPM Rafsec reflects UPM's strong commitment to the labelstock and RFID business areas and the combining of UPM Rafsec under the UPM Raflatac brand. UPM Raflatac will be more clearly part of UPM as a whole. The new name enables us to benefit from all the solidity attached to UPM – a name that stands for the world's leading forest products company," says Heikki Pikkarainen, President of UPM Raflatac.

According to Heikki Pikkarainen, Raflatac is already a major global player, and bringing in new-generation RFID products under the same roof further strengthens the prospects for global growth.

"Customers will now be offered an increasingly extensive product range under a single brand. UPM Raflatac will continue to supply its customers with the same familiar products and services as formerly provided under the Raflatac and UPM Rafsec brands," says Pikkarainen.

UPM Raflatac in brief

UPM Raflatac is a world-leading supplier of pressure sensitive labelstock for a wide variety of needs in product and information labelling. In addition, the company is at the global forefront in the development and high-volume production of radio frequency identification (RFID) tags and inlays. UPM Raflatac has around 2,300 employees and an annual turnover of approximately EUR 860 million. The company has a global service network consisting of 11 factories on five continents and a broad network of terminals and sales offices worldwide. UPM Raflatac is part of UPM, a leading global forest products company with annual sales of EUR 10 billion and stocks listed on the Helsinki and New York stock exchanges.

Source: UPM Raflatac


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