Board Converting News, October 21, 2024

Pamarco’s presence as a leader with their portfolio of industry standard set- ting brand offerings. Pamarco President John Burgess, opining on the rationale for the trans- action, noted “For Pamar-

AVERAGE CONTAINERBOARD PRICES The average prices reported are tabulated from prices PAID by various sources throughout the United States the week previous to issue. Prices in some areas of the country may be higher or lower than the tabulated average. The prices tabulated here are intended only for purposes of reference. They do not connote any commitment to sell any material at the indicated average. Transactions may be completed at any time at a price agreed upon by seller and purchaser. REGION 42# Kraft liner 26# Semi-Chem. Medium $ 900.00-925. 00 $ 825. 00 -$850.00 U.S. Average CANADIAN LINERBOARD & MEDIUM The average prices reported are tabulated from prices PAID by various sources throughout Canada. Prices may be higher or lower in various areas of the country. The prices tabulated here are intended only for purposes of reference. They do not connote any commitment to sell any material at the indicated average. Transactions may be completed at any time at a price agreed upon by seller and purchaser. Prices are Canadian $ and per metric ton. 42# Kraft Liner 26# Semi-Chem Medium East $970.00 $960.00 West $1,015.00 $995.00 REGION

co this acquisition represents a key strategic objective of ours to have a full service anilox producer in the heart of the European market to better service the converting and OEM customer base. TLS has an excellent quality and service reputation and a world-class sales & distribution network, which we will combine with our own to give us unsurpassed coverage in Europe and beyond. We also in- tend to continue to take advantage of some of the unique products created by TLS, such as TeroLux, and expand sales of these products worldwide.” Allan Li, CEO of Pamarco, added, “We are extremely excited to welcome TLS, its employees, and its customers to the Pamarco family. The TLS deal exemplifies Pamarco’s acquisition strategy – growth of Pamarco’s global foot- print, the addition of blue-chip clients in the growing flexo- graphic end market, and expansion of Pamarco’s portfolio of leading technologies. We look forward to strengthening our position as the trusted supplier to our customers by providing value added products and services to both new and existing customers globally.

Pamarco Acquires (CONT’D FROM PAGE 1)

and Founder/President of TeroLab Surface Holding SA. “As family-owned entrepreneurial companies with strong human values, Pamarco and TLS Anilox are the ideal stra- tegic partners.” TLS provides laser engraved anilox rolls for a diverse set of customers in the flexographic, corrugated, and other end markets, all of which are complementary to Pamarco’s existing offering. The acquisition includes the sale of TLS’s patented Ter- oLux carbide coating process that offers improvements over ceramic coatings of anilox rollers. This helps reaffirm

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October 21, 2024

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