ACG, a leading integrated pharmaceutical manufacturing solutions company, has taken a significant step towards consolidating its foothold in the Middle Eastern and African markets through the acquisition of Technical Aluminium Foil Company LLC (TAFC UAE). This strategic move underscores ACG’s commitment to expansion and innovation.
Headquartered in Mumbai, ACG has garnered recognition as the world’s sole integrated pharma manufacturing solutions company, offering a diverse portfolio encompassing capsules, films, foils, engineering equipment, and inspection systems. The recent acquisition of TAFC, a reputable aluminium foil packaging enterprise based in the UAE, bolsters ACG’s position as a foremost provider of comprehensive packaging solutions.
According to Shivshankar S.R., CEO of ACG Films & Foils, a crucial business unit within ACG, “We are thrilled to mark our inaugural acquisition in the UAE. This collaboration serves to reinforce our mission of introducing pioneering, top-notch packaging products to the market while enhancing efficiency and service quality.”
S.R. further emphasized, “The amalgamation of our strengths will empower both companies to propel business growth in the Middle Eastern and African regions.”
Having amassed over ten years of experience, TAFC has carved a niche in catering to the pharmaceutical and food sectors, boasting a wide spectrum of aluminium and specialty packaging foils renowned for their exceptional high barrier attributes. The company’s expertise extends to lacquering, lamination, printing, and slitting, augmenting ACG’s ability to cater to the diverse packaging requisites of its clientele.
This landmark acquisition represents ACG Group’s foray into the Middle East, underscoring its dedication to the UAE’s packaging landscape. It follows a series of successful acquisitions, including ComboCap and AquaCap, in the Americas. The integration of TAFC harmoniously aligns with ACG Films and Foils’ ongoing operations, enabling both entities to synergize their competencies for accelerated expansion.