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Oben Group, a global expert in flexible packaging solutions, is pleased to announce the acquisition of Terphane, a producer of high-performance polyester films with operations in Brazil and the United States. This acquisition marks a strategic milestone presence in relevant global markets.
With over four decades of experience, Terphane has built a strong reputation for innovation and quality, exporting to more than 30 countries. Its advanced production facilities and specialized focus on high-performance films will complement Oben Group's product portfolio, strengthening its ability to deliver cutting-edge solutions to customers worldwide.
"This acquisition aligns perfectly with our strategy to expand and deepen our footprint in high-growth markets," said Gonzalo Belaunde, CEO of Oben Group. "By combining drive innovation and better serve our customers across industries with sustainable and top-quality solutions."
The integration of Terphane into the Oben Group will create new opportunities for synergies, operational excellence, and market expansion, ensuring continued delivery of high-value products and services. Both companies will work closely to ensure a seamless transition while maintaining their shared commitment to excellence and customer satisfaction.
"We are excited to join forces with Oben Group and leverage our combined expertise to unlock new growth potential," said Jose Bosco, Terphane CEO. "Together, we will continue pushing the boundaries of innovation in flexible packaging and industrial applications, creating value for our customers, shareholders, employees and communities.
The acquisition underscores Oben Group's commitment to investing in advanced technologies and expanding its manufacturing footprint to meet growing global demand for sustainable packaging solutions.