Technical Aluminium Foil Company LLC (TAFC UAE) has revealed that ACG owns all of its shares, strengthening its growth trajectory in the Middle Eastern and African markets. The Mumbai, India-based ACG, the only comprehensive pharma manufacturing solutions provider in the world, provides a wide range of goods, such as capsules, films, foils, engineering tools, and inspection systems.
ACG's position as a top supplier of all-inclusive packaging solutions is strengthened by the inclusion of TAFC, a well-known aluminum foil packaging business with headquarters in the United Arab Emirates.
Shivshankar SR, CEO at ACG Films & Foils (one of ACG’s business units), said: “We are excited to be making our first acquisition in the UAE. This strategic collaboration will further support our work in bringing innovative and high-quality packaging products to market, while reducing lead times and improving service levels.
“By joining forces, the companies will be able to leverage their combined strengths and expertise to propel the business forward in the Middle Eastern and African markets.”
With its wide selection of aluminum and speciality packaging foils known for their superior high barrier capabilities, TAFC has more than ten years of expertise providing the pharmaceutical and food industries with these products. ACG is better able to handle the various packaging needs of its clients thanks to the company's competence in lacquering, laminating, printing, and slitting.