FMN | June 6th, 2022

Labelexpo Asia 2022 Postponed

Tarsus Group, the organizer of Labelexpo Asia, has announced that the show, due to take place June 28 – 1 July 1, 2022, will be postponed until December 7-10, 2022. The announcement comes as a result of the COVID-19 restrictions currently in place in Shang- hai, China. A re-scheduled event will take place at Shanghai New International Expo Centre (SNIEC). As a re- sult of this change Labelexpo South China 2022, due to take place December 7-9, 2022 in Shenzhen World, will be postponed with dates to be con- firmed shortly. Macfarlane Acquires PackMann Gesellschaft UK-based packaging and label company Macfar- lane Group has expanded its protective packaging distribution operations in Northern Europe by ac- quiring PackMann Gesellschaft für Verpackungen und Dienstleistungen. As part of the deal, Macfarlane acquired 100 per- cent of PackMann for a maximum cash consider- ation of $9.08 million. Based near Heidelberg, Germany, PackMann sup- plies protective packaging to customers across Ger- many and neighboring countries. The company has 112 employees, including its Founder and Director Frank Westermann and Di- rector Volker Thorn. It generated sales of €12.8m and recorded a pre- tax profit of €0.8m for the 12 months to 31 Decem- ber 2021. Westermann and Thorn will both remain with PackMann after the deal has closed. Based in Glasgow, Scotland, Macfarlane supplies protective packaging products via its network of 36 sites across the UK, Ireland and the Netherlands. The company manufactures and distributes more than 600,000 lines across a wide range of sectors, including retail e-commerce, consumer goods, food, logistics, mail order, electronics, defence, automo- tive and aerospace. In January this year, Macfarlane sold its labels di- vision, Macfarlane Labels, to The Reflex Group for a $8.6 million. The Macfarlane Labels division includes Macfar- lane Labels, Macfarlane Group Ireland (Labels & Packaging) and Macfarlane Group Sweden.

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