Headquartered in Korea, Reflomax Co., Ltd. is a leading developer and manufacturer of retroreflective materials and specialty films. Its acquisition by ORAFOL represents an important milestone in ORAFOL’s global growth strategy and reflects the company’s continued commitment to expanding the depth of its value chain.
The acquisition provides access to innovative technologies in the field of Reflective Solutions while further strengthening ORAFOL’s market position across the Asia-Pacific region. Since its founding in 1989, Reflomax has focused on delivering innovative, forward-looking microprismatic reflective film products.
Daniel Kim, CEO of Reflomax, said, ‘The benefits of this partnership are clear and multifaceted, as we are united in vision and purpose. ORAFOL is not only expanding its global presence but also elevating Reflomax’s capabilities to an entirely new level. This collaboration with a strong global player like ORAFOL enables us to quickly adjust our production capacities to meet the demand for our innovations. Our strong foothold in the Korean market as an expert in reflective solutions thus forms the foundation for shared success.’
Dr. Holger Loclair, Chairman and CEO of the ORAFOL Group, explained, ‘ORAFOL has long prioritised strategic partnerships as a cornerstone of its efforts to maintain a leading position in an increasingly dynamic and competitive market. In this context, we hold the expertise and values of Reflomax in high regard. This trusted partnership marks a significant milestone in ORAFOL’s global growth strategy, as the acquisition not only provides access to innovative technologies but also valuable regional market knowledge.’
ORAFOL SOUTH AFRICA
+27 10 026 3532
orafol.sa@orafol.co.za
www.orafol.com
