Plasticband, a company leader in manufacture of machinery and consumables for packaging & packaging, acquired last December the firm Portuguese Cintexpordistributor of packaging products since the year 2000.
In this way, it further strengthens the presence in Europe of Plasticbandwith a special focus on the Portuguese market, in which it hopes to stand out as a leading company in the sector of the strip and the packaging.
Thanks to this acquisition, Plasticband now has a own warehouse in Portugal, which will allow you to offer a service of proximity a lot closer, with the technical assistance of its own and a commercial service that will help in the counseling of the products of the brand. In the same way, will bring their expertise and their maximum competitive advantage: a short-term delivery shipping and custom manufacturing.
Cintexpor, a company that was born in the year 2000, very present in the Portuguese market, was specialized in packaging in the food sector, industry, textile, wood, and metal, among others. After its acquisition by the Catalan company, it is also intended to give a boost to the logistics sector, which is in full expansion.
With this, Plasticband adds another achievement during its development plan for 2016-2020, united as to the internal reorganization of the company, which has achieved a growth in its production and sales without increasing the surface area of the factory. In addition, thanks to the changes made, the company can be defined as a benchmark of modernity, efficiency and ecology in the whole of Europe.
It is expected that Plasticband the end of this year with a 21% increase in turnover in the year 2016, when they started the development plan.
As a company, Plasticband will continue working to provide the best solutions in packaging and packaging market not only national, but also international.