PAWI Group takes over Printmax

For more than 60 years, PAWI has been producing high-quality cardboard and paper packaging for the bakery and confectionery industry. In addition, the family-owned company offers packaging for the industrial food and non-food sectors. With plants in Winterthur (Switzerland) and Singen (Germany), it is very well established in the industry. "Our strategy is to expand in a targeted manner and open up new international markets. Through the acquisition of the Polish Printmax in Warsaw, we are expanding our product range in an attractive way and significantly increasing our customer portfolio," explains Andreas Keller, Managing Director of the PAWI Group.

The acquisition of Printmax in Warsaw (Poland) gives PAWI a third packaging plant, which employs around 80 people and specializes in high-finish offset printing of folding cartons as well as hot stamping, cold foil printing and special laminations. This segment offers PAWI an attractive extension to its product range, especially for the growing non-food market. The acquisition of Printmax expands the Group's European customer portfolio and thus significantly strengthens its competitive position. Following the acquisition, the PAWI Group employs around 370 people at three locations. Andreas Keller: "The acquisition of the Warsaw-based Printmax packaging plant will enable us to expand our range of high-quality packaging solutions with highly finished folding cartons for the cosmetics, near-pharma and luxury goods sectors of all kinds."

The PAWI Group's strategy has always been based on a strict focus on the strengths of the individual plants. This consistent concentration strategy will also be continued with the acquisition of Printmax: No orders will be shifted from Winterthur and Singen to Warsaw, the company says. This consistent focus enables PAWI to offer its customers a comprehensive range of innovative folding cartons made of cartonboard through the respective mill, it continues.

Source: PAWI