Ardagh Metal Packaging (AMP) has acquired a majority share in innovative digital can printers NOMOQ as part of a capital increase. Ardagh operates 65 metal and glass production facilities in 16 countries, employing 20,000 people with sales of approximately $10bn.
NOMOQ promises beautifully printed cans with short lead times and “NO Minimum Order Quantity” – hence the name. Cans have outstanding consumer appeal, being convenient, lightweight, shatterproof, and infinitely recyclable. Their extreme versatility and customer-centric proposition allows beverage companies of every size to produce stunning packs with almost limitless colour options and photorealistic graphics.
With a higher proportion of new European beverages now launched in cans, drinks producers are increasingly recognising their exceptional potential for brand-building thanks to the sheer range of customisation options. NOMOQ’s passion is making cans into stand-out “works of art”, through a graphical capacity that encompasses millions of colours and shades, and several eye-catching finishes: matte, glossy or selective gloss.
NOMOQ had a very good start and provided cans to customers in more than 10 countries. The capital increase and the acquisition of a majority stake by AMP will generate further thrust. The start-up has 15 employees today and about ten vacancies.
Peter Stein, Founder and CEO of NOMOQ AG, said: “The cooperation of a heavyweight in the packaging market with a dynamic young company seems to be ideal from my perspective. A showcase example of corporate venturing. The operational cooperation that has already taken place also strongly suggests that we will be successful in this setup.” NOMOQ remains independent. The management stays on board in the same roles.
€15 million invested
According to its annual report Ardagh has invested an initial consideration of €15 million, with a further €10 million payable in 2024, subject to NOMOQ achieving certain milestones. Oliver Graham, CEO of Ardagh Metal Packaging, said: “This latest step in our investment programme is a perfect fit for us, especially following the successful integration of Hart Print in North America which encouraged us to seek a similar model in Europe. NOMOQ’s offer is innovative, customer-centric, and extraordinarily flexible – areas in which AMP has established a great reputation. Their dedication to creating outstanding packaging for customers of all sizes will enhance our ability to serve early-growth customers in the European market and extend our offering to established customers too.”
(Press release / Stefan Kyora)
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