Rashid Al Ghurair, chairman of Taghleef Industries, said: “The purchase of AET Films allows Ti to expand its global footprint, secure a strategic position within the North American market and connect with multinational brand owners.”
Thomas Mohr, president and CEO of AET Films, added: “The partnership will enable both companies to expand internationally with an unmatched customer reach and strengthen its position in the Americas.
“Ti has complementary technology and production capabilities to AET which will enable us to provide a broader range of solutions for our customers and accelerate growth."
