Nefab acquires PDS Global
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 is a leading private equity investor in the Nordic region with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a proven track record. Core sectors are Healthcare, Technology & Payments, Financial Services, Industrial Goods & Services and Consumer & Retail, and key regions are the Nordics, Northern Europe, and globally for Healthcare. Since inception in 1989, Nordic Capital has invested EUR 11 billion through eight funds. The Nordic Capital Funds are based in Jersey and are advised by advisory entities, which are based in Sweden, Denmark, Finland, Norway, Germany and the UK. For further information about Nordic Capital, please visit www.nordiccapital.com