/PRNewswire/ The global machine glazed kraft paper market size was valued at USD 8.67 billion in 2022 and is expected to surpass USD 14.62 billion by 2030,.
São Paulo (Brazil based label converter Visionflex Soluções Gráficas has become 100 percent subsidiary of All4Labels Global Packaging Group. The transaction is subject to customary closing conditions, including regulatory approval. Terms and conditions of the transaction were not disclosed. With this transaction, All4Labels is strengthening and expanding its footprint in the southeastern region of Brazil, establishing a significant presence in São Paulo, one of the most crucial economic hubs of Brazil and Latin America.
All4Labels is continuing its global growth strategy. Gustavo Torres, acting as the representative of the owners and also as a shareholder, signed an agreement for Faberprint, Allbox and Involv Labels, all companies in the Brazilian healthcare packaging market, to become wholly-owned subsidiaries of the All4Labels Global Packaging Group.
All4Labels, incorporating All4Graphics, is continuing its global growth strategy through its acquisition of Springfield Solutions. The company will become a subsidiary of the All4Labels Group. The transaction is subject to customary closing conditions. Terms and conditions of the transaction were not disclosed.