UPM Raflatac buys UK´s Metamark at €175m

UPM Raflatac has acquired Metamark, a UK-based company to further accelerate its growth in Graphics business, said the company in a press release on Wednesday.

The Enterprise Value of the transaction is GBP 146 million (about EUR 175 million).

Metamark, established in 1992 is a manufacturer and distributor of graphics solutions.

The company employs 185 people and has a manufacturing site in Lancaster, UK.

The sales of the company is about GBP 65 million, and it has an EBITDA margin accretive to UPM Raflatac.

“We’ve made a strategic decision to pursue global growth in Graphics both organically and through mergers and acquisitions. This acquisition marks an important milestone in our transformation journey accelerating our growth, enabling us to grow our scale and become a complete product and service provider in this attractive business,” said Tim Kirchen, Executive Vice President, UPM Raflatac.

“In joining the UPM Raflatac Graphics business unit, Metamark is securing a growth-focused future for our highly regarded specialist materials. This acquisition reflects the value of our market-led innovation, respected product portfolio, and ambitious plans for market and geographical growth,” said Phil Wild, Chief Executive Officer of Metamark.

UPM Graphics is a new strategic self-adhesive business unit within UPM Raflatac.

The business was established following the acquisition of AMC AG and its graphics business in 2022. In 2024, the company further expanded its graphics portfolio through the acquisition of Grafityp. The acquisition of Metamark will enable UPM Raflatac to scale up its graphics business giving it a significant weight in the company's product portfolio.