The combined operation will continue to deliver film and paper solutions for the industrial label market, as well as the decorative and security sectors.
Polyart will also offer solutions for digital printing, the display market and provide custom coating to its wide range of customers around the world.
The business is primarily focused on Europe, with 70% of turnover coming from this region, but also has a presence in the US, which accounts for 20% turnover, and in Asia (10% of turnover).
Polyart plans accelerate its development in the US, where it operates a production site in Charlotte, North Carolina, and also open a new subsidiary in India early next year.
"The recent merger has enabled significant operational and industrial synergies as well as valuable international support,” Polyart chief executive Stéphane Daveau said.
“In 2022, we aim Polyart develop significant commercial synergies by leveraging the group’s global sales network. Polyart is now a cohesive group, solidly equipped to establish itself in growing markets.”
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