Mazzone advises Pamarco on its acquisition of TLS
Mazzone & Associates (“Mazzone”) is pleased to announce that it acted as exclusive financial advisor to Pamarco Global Graphics, Inc. (“Pamarco” or the “Company”), a leading provider of proven technology solutions for the global packaging, industrial coatings, commercial printing, and original equipment manufacturing industries, on the further expansion of its European presence through the acquisition of TLS Anilox GmbH and TLS Invest GmbH (together “TLS”), a leading provider of anilox rolls and related equipment headquartered in Salzkotten, Germany.
John Burgess, Pamarco’s President, noted, “For Pamarco this acquisition represents a key strategic objective of ours to have a full service anilox producer in the heart of the European market to better service the converting and OEM customer base. TLS has an excellent quality and service reputation and a world-class sales & distribution network, which we will combine with our own to give us unsurpassed coverage in Europe and beyond. The Mazzone teams’ counsel and analysis during this acquisition process was invaluable.”
Allan Li, CEO of Pamarco and Director at Kotts Capital Holdings, the family office holding company that owns Pamarco, added, “We are extremely excited to welcome TLS, its employees, and its customers to the Pamarco family, and we look forward to strengthening our position as the trusted supplier to our customers by providing value added products and services to both new and existing customers globally. We’ve worked with Mazzone and its team members for over 20 years on numerous deals, and the team’s guidance proved again to be instrumental, particularly given the complexities involved with an international acquisition in Germany.”
Dustin Dawson, Vice President at Mazzone, commented, “It was a pleasure working with the Pamarco team to bring this one to a happy outcome. The TLS deal exemplifies Pamarco’s acquisition strategy of growing the Company’s global footprint and diversifying its end market exposure, while adding to its portfolio of leading technologies.”
Managing Director Maury Bell and Vice President Dustin Dawson were lead team members on the transaction.
The transaction marks Mazzone’s eighth cross-border deal since 2019.
About Pamarco
Founded in 1946, Pamarco is a leading provider of proven technology solutions for the global printing, packaging, and converting industries. Pamarco designs, manufactures, and distributes a broad portfolio of aftermarket products that includes anilox and gravure rollers, carbon fiber chambered doctor blades, and precision equipment and accessories for print systems. Pamarco services a variety of growing markets, including global packaging, industrial coatings, commercial printing and OEMs in North America, Europe, and other global regions using its leading brand names and multiple channels to market. Pamarco’s established premium brands, including E-Flo and ThermaFlo anilox rolls, Absolute doctor blades, and Sentinel ink management systems, represent the industry standard in quality, efficiency, and precision. For more information, please visit www.pamarco.com.
About TLS
Since 2009, TLS has provided high-quality, innovative anilox rolls and anilox roll sleeves with solutions in the printing and coating industry that are customized for the customer. TLS experts have developed an extensive range of individual laser engravings that are designed to meet even the most demanding requirements of modern flexographic printing: high-quality solid surfaces, fine lettering, reverse texts, opaque white, multi-color printing with low color gamut, etc. TLS aims to continuously push the limits in engraving technology. For more information, please visit www.tlsanilox.com.