Raflatac and UPM Rafsec, members of UPM Labelstock Business have merged to form a new business entity, UPM Raflatac. Following the merger, UPM Raflatac’s product and service offering comprises both pressure sensitive labelstock and RFID tags and inlays. The new name expresses the importance of labelstock business for UPM. In addition, UPM Raflatac will adopt UPM's visual identity.
“This change reflects UPM’s strong commitment to the labelstock and RFID business areas. Raflatac is already a major global player, and bringing in new-generation RFID products under the same umbrella further strengthens the prospects for growth,” says Heikki Pikkarainen, President of UPM Raflatac.
UPM Raflatac is a world-leading supplier of pressure sensitive labelstock for a wide variety of needs in product and information labelling. In addition, the company is at the global forefront in the development and high-volume production of radio frequency identification (RFID) tags and inlays. UPM Raflatac has around 2,300 employees and an annual turnover of approximately EUR 850 million. The company has a global service network consisting of 11 factories on five continents and a broad network of terminals and sales offices worldwide.
For further information please contact:
Mr Heikki Pikkarainen, President, UPM Raflatac, mobile +358 40 760 5758
January 19, 2006