September 09 2011
Nefab Group, the global partner for complete packaging
solutions, is pleased to announce the acquisition of PDS Global
Packaging Services, S.A. de C.V. in Mexico.
The acquisition is part of Nefab's global growth strategy and will enhance the service offering to existing and new customers.
PDS Global, with operations in Guadalajara, Mexico and over 70 employees, offers a full range of packaging solutions to include custom corrugated and foam, wood crates, export packaging, logistics and innovative design and engineering services.
PDS is known for its professionalism and commitment to exceeding customer expectations for service, quality and value. "The acquisition of PDS Global Packaging Services is a direct result of our partnership, since one of our major customers plans to increase its activities in the region," says Stefan Ekqvist, CEO of the Nefab Group.
"Time to market, supply chain risk, lower "landed cost" and
currency exchange rates are all factors that create new windows of
opportunity for competitive manufacturing in Mexico," said Brian
Bulatao, regional manager for Nefab Americas. "Expanding our
platform in Mexico will serve our global customers´ regionalization
strategy and the trend of reordering production value chains to
better serve the Americas markets."
MEDIA & ANALYST CONTACT:
Stefan Ekqvist, CEO Nefab
+46 706 713005
Brian Bulatao, Nefab Americas
+1 469 444 5300
Nefab delivers complete packaging solutions to international industrial groups, with special focus on the telecom, electronics, automotive, energy, medical and machinery industries. Nefab has offices in 35 countries and over 3,000 employees. Sales in 2010 amounted to about USD 450 million. The primary owners of the group are Nordic Capital and the Nordgren/Pihl family, which founded the company. For more information about Nefab, please visit www.nefab.com
Nordic Capital private equity funds have invested in mid-market companies primarily in the Nordic region since 1989. Through committed ownership and by targeting strategic development and operational improvements, Nordic Capital enables value creation in its investments. The Nordic Capital Funds invest in companies in northern Europe and in selected investment opportunities internationally. The most recent fund is Nordic Capital Fund VIII with EUR 3.5 billion in committed capital, principally provided by international institutional investors such as pension funds. The Nordic Capital Funds are based in Jersey, Channel Islands, and are advised by the NC Advisory entities in Sweden, Denmark, Finland, Norway, Germany and the UK. For further information about Nordic Capital please see www.nordiccapital.com