Fuji Seal acquires 100% of the shares of Swiss Pago Holding

"Fuji Seal Group (hereafter referred to as “FSG”) has been engaged in the business of planning, proposals, development, manufacturing and sales of packaging systems such as shrink labels, self adhesive labels, soft pouches and the packaging machinery targeting global brand owners of food, beverage and FMCG in Japan, Americas, Europe and the ASEAN countries," the company informed.

And added: "FSG announced its new Mid-Term Plan with management goals to increase corporate value of FSG through continuous development of business. In order to achieve this plan and as "Total Packaging Company" we have tackled challenges and implemented speedy operations and deployment in the global markets including self adhesive label business. The group to acquire this time, PAGO group, headquartered in Switzerland, has been engaged in the sale and manufacturing of self adhesive labels and labeling systems with their main markets in Switzerland, Germany and other European countries, where they are based and have strong business basis, reputations in PAGO brand. PAGO group has very high confidence and evaluation in their technology, quality and services from their customers. For FSG speeding up the global operations and deployment in packaging business, the acquisition of PAGO will contribute to the achievement of FSG mid term business plan by the use and fusion of brand values, technology quality and services of FSG and PAGO."