According to Dr. Holger Loclair, managing director of ORAFOL Europe GmbH, KAY’s reputation as a provider of high-quality durable materials is undisputed, and he is excited to welcome them into the ORAFOL Group.
‘Their production capacities and market expertise will result in increased efficiencies and know-how while expanding our market share,’ he said. The sale also includes KAY’s sister companies KAY GRAFICAS AUTOMOTRICES in Mexico and KAY PREMIUM MARKING FILMS with manufacturing plants in the US and UK. This combined portfolio of products will further strengthen ORAFOL’s position in the solid-colour wrap market while enhancing ORAFOL’s presence in the OEM automotive market.
Joe Kay, owner of KAY AUTOMOTIVE GRAPHICS said, ‘Along with our current and past employees, I have dedicated the last 50 years of my life to making our companies stand out and surpass others. I am extraordinarily pleased about this transaction and look forward to the successful integration of expertise and resources.’ KAY AUTOMOTIVE GRAPHICS and their KPMF subsidiaries will continue to operate under their respective names as wholly owned subsidiaries of ORAFOL International, Inc.
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