The agreement, reached at the end of August, will see the largely German-based Weilburger Graphics sold by parent company Grebe Holding to Stahl.
Pending statutory approvals, the deal will see Stahl take on Weilburger Graphics’ 140-strong team and €70m (£59m) worth of sales taken on board to help Stahl Group pursue the food, cosmetics and pharmaceutical packaging coatings market.
Maarten Heijbroek, Stahl’s CEO, said: “I am very excited to welcome Weilburger Graphics to the Stahl Group. This is another important step on our strategic journey. The acquisition further strengthens our packaging coatings business, building on the acquisition of ICP Industrial Solutions Group (ISG) in March 2023.
“Importantly, it will enhance our position in the European packaging coatings market with its innovative portfolio in growth markets like food and beverages, cosmetics and pharmaceuticals, unique expertise, state-of-the-art manufacturing facilities and a distinct focus on sustainability. I have gotten to know the Weilburger Graphics team as one of the best in the industry.”
Günter Korbacher, managing director of Weilburger Graphics, added: “We look forward to joining the Stahl Group to combine our expertise and grow our worldwide presence in packaging coatings.
“Stahl is a prominent and respected brand, and with our complementary product portfolios, geographical coverage and our alignment with the QIS principle, which covers the success factors of quality, innovation and sustainability, we will create a well-rounded and truly global offering for the market.”
Weilburger Graphics’ parent company Grebe Holding also recently sold Weilburger Graphics’ sister company, Weilburger Coatings, which develops specialist coatings for non-stick, high-temperature, and railway applications, among others. The company was sold in May 2024 to Kansai Helios, a European paint and coating manufacturer.
Stahl employs nearly 2,000 employees worldwide. In August, the manufacturer was awarded the Living Wage accreditation as part of its ESG roadmap, which will also see it reduce its scope 1 and 2 greenhouse gas emissions by 42% from 2021 according to plans validated by the Science-Based Targets initiative (SBTi).