A MONTANA TECH COMPONENTS COMPANY ALUFLEXPACK Group „Leading European brands rely on our flexible packaging and appreciate our highest product quality, stringent production procedures and conditions and enjoy our reliable and passionate service.“ IGOR ARBANAS . CEO ALUFLEXPACK Group Michael Tojner Founder & majority shareholder of Montana Tech Components AG Martin Ohneberg Chairman of the board of AFP Group Igor Arbanas CEO Aluflexpack Group Setting up the Montana Tech Components AG, we committed ourselves to line up hidden champions with realistic growth potential, support their development and establish them as world market leaders in their respective industries. Since the end of 2012, the Aluflexpack Group ("AFP Group") belongs to our Industrial Components division, and is now on the best way to become one of the leading European flexible packaging companies. The AFP Group is recognised as one of the three key players in its relevant markets in the EU and Eastern Europe. We focus on product and process innovations together with key customers. We, Michael Tojner and Martin Ohneberg, work closely and successfully together for over 10 years now and assure best possible support to the local management and further development of the AFP Group. It has been developing innovative and user and environmently friendly packaging solutions for more than 30 years. The group is fully and truly aware of its responsibility towards customers, employees, social and natural environment and its shareholders in all of its activities. Business growth, both with existing and new customers and products as well as further increase of the profitability and competitiveness of the AFP Group will secure its long-term success. We are dedicated to highest level of quality in everything we do and how we do it – we are aware of many risks in our customer’s and our business and are managing them actively and accordingly. We believe that our passion for our business combined with our know-how, experience, responsiveness, flexibility, and creativity result in unique offering and innovations. This together with the full-hearted support of our owners is the basis for healthy and sustainable development – for the benefit of our customers and the group itself. The Aluflexpack Group (AFP Group) is the clear market leader in the production of flexible aluminium packaging in Croatia and number 3 in Europe in its markets. Quick and efficient response to market requirements and challenges as well as the ability to recognise and the power to seize business opportunities are the pillars of AFP Group's success. This already strong competitive position will be expanded even further. The encouraging development of the AFP Group since the take over in December 2012 based on the succesfull roll-out of the investment programme, the increase of process efficiency through focused cost-reduction measures and the overall business growth combined with current market developments and consolidations open up new development opportunities for the AFP Group. AFP Group’s customers and the group itself benefit both in short and long term from the membership to the Montana Tech Components Group, stable ownership structure, experienced team and lean management: ZADAR Foundation of Foljaplast Plant relocation to UMAG (Zadar plant was destroyed in war, start to work in Umag in rented space) Expansion of product portfolio (confectionary, food, tobacco) 1st exports to Poland 1982 1991 History Aluflexpack Leading supplier for dairy/milk industry (lids, foil) in Yugoslavia 1982 – 1990 4 AFP GrOUP The AFP Group serves leading European and international companies in Europe and overseas and provides high quality flexible packaging and solutions for their most valuable and known brands. ITALY (Folitrade; later Aluflexpack Italia) Geographical expansion of sales to IT, GER, AUT, SLO, HUN, CZ, SK POLAND Foljaplast Polska (later Aluflexpack Polska) Foundation of Aluflexpack d.o.o. as successor of Foljaplast 1992 1995 2001 Construction of own production plant in Umag; renovation/expansion plant Zadar 1993 Expansion Umag and Zadar: – embossing machine – slitting machines – machines for lacquering and laminating 1994 – 1999 GERMANY Aluflexpack Germany, Sales Office DRNIS Takeover TOF Drnis (lacquering and extrusion; semi finished products) OMIS Takeover Omial (lacquering, forming, human and pet food industry) Tychy/Poland Takeover Baron S.A. (alu container, human and pet food) Acquisition by Montana Tech Components AG Switzerland Takeover Process Point (pet food) 2002 2003 2004 2006 2012 2013 Increasing exports to Brazil, Benelux 2002/2003 Expansion Omial, Umag, Zadar: – waste disposal system – production halls, warehouse – rotogravure machines 2005 – 2007 Increasing exports to Canada, France, Argentina Expansion Umag, Zadar: – waste disposal system – production halls, warehouse – flexoprinting machines Expansion Tychy, Umag, Zadar, Omial: – quality control – solvent recovery plant and all supporting infrastructure – 3 flexo print machine – container forming machines – embossing machines 2007/2008 2009 – 2012 AFP GrOUP 5 Efficient Printing Machines Excellent price-performance ratio Company Profile Our Sites Additional Sales and Representative Offices Einsiedeln GERMANY, Zorneding Satisfied customers and expertise combined with determination, strength and innovation: foundation for future development The AFP Group is serving the flexible packaging markets in Europe with an attractive portfolio of innovative and high quality packaging solutions. Our products are mostly aluminium based, but we are also manufacturing an attractive range of complex and innovative plastic based products. AFP Group is well-known in the European dairy, confectionary, general human and pet food industry. In addition, we managed to constantly grow our supplies to the pharmaceutical industry in the last few years and this growth will continue in future, supported by focused investments. AFP Group is the preferred main supplier or recognised second supplier to many of the leading global players and market leaders. Blue Chip Customers like Ferrero maintain long-standing relationships and rely on our quality and innovation power. And many like Ritter Sport, Lactalis or Müller started business with us just several years ago and are continuously expanding business ever since. ITALY, Triest POLAND, Poznan Switzerland Tychy Poland –– Production facility –– Logistics hub –– Alu container forming –– Pharma, Human and Pet food industries –– Human and Pet food industry MORE INFORMATION Due to our clear business focus, commitment to our customers and their industries and long lasting business the AFP Group developed vast and profound know-how and gathered great amount of valuable experience in the packaging industry. The AFP Group controls the material processing and final product manufacturing from the very beginning, regardless of the used materials (aluminium or plastic). We manage a very deep value chain and are constantly investing in the quality of our processes (fully ISO certified, BRC, HACCAP) and environment protection (e.g. solvent recuperation, heat exchanger, etc.). Today our operations meet all European environmental, ethical and social responsibility standards – our customers can rely on us in every possible way. Umag Croatia –– Production facility –– Flexible packaging – rotogravure print and lamination Business Segments CONFECTIONARY PRODUcts – Al Foil* – Flexible packaging HUMAN FOOD DAIRY – Lids – Al Foil* * lacquered or protected with extruded layer, printed, slit to demand – Al Foil* – Flexible packaging – Containers – Lids – Pouches (material, finished) PET FOOD + OTHER –– Final products for Confectionary and Human Food – Al Foil* – Containers – Lids – Pouches (material, finished) Omiš Zadar Value Chain - R&D - Product development - Design - Pre-press 8 AFP GrOUP Croatia –– Sterilized foils – lamination, lacquering, oiling and alu-container forming –– Headquarter and production facility Services CONVERTING - Lacquering - Extruding - Laminating PRINTING - Roto gravure (up to 11 colors) - Flexo (up to 9 colors) FINISHING - Slitting - Punching - Deep drawing - Embossing –– Aluminium converting using UV-flexo and conventional flexo print Quality - Quality assurance - Process control - QC in production - QC income / outbound - Certifications - Risk management –– Final products for milk, dairy and pharmaceutical industry Croatia –– Production facility –– Human and Pet food industry Drniš Croatia –– Production facility –– Lacquering and extrusion –– Semi-finished products Headquarter Production facility AFP GrOUP 9 Management The Aluflexpack Group employs more than 680 skilled and highly motivated people. The excellent know-how and commitment of the production employees together with the experienced sales, customer service, graphics, R&D, quality control and technical support teams are directly supporting our customers in their day to day business. Together with the strong infrastructure, this secures the long term satisfaction of Aluflexpack Group’s customers. Ivo Pastuović, COO Igor Arbanas, CEO Johannes Steurer, CFO BOARD AFP Group: Igor Arbanas Ivo Pastuović Johannes Steurer Martin Ohneberg, Advisory Board Herbert Roth, Advisory Board BOARD SUBSIDIARIES: CEO COO CFO SALES: Antonio Stojanov Dražen Melčić Krešimir Akrap Ljiljana Vižintin Oliver Lünenbürger Ivo Pastuović, COO Marketing Customer Service Dairy Confectionary, Human food and other industries Pet Food Boris Kleva Jadwiga Jablonska Maria Grabowska Mathias Klingenbeck Oliver Lünenbürger Sven Troskot BUSINESS DEVELOPMENT: Gianfranco Vottero Luis Bühler QUALIT Y ASSURANCE AND CONTROL: PRODUCTION: Andrija Proso Helmut Schreiber Ivo Drezga Stipe Novaković Zdenko Štefanko Željko Gretić Marica Stella-Mišić Mathias Klingenbeck Marijana Žilić Mariza Jugovac Ojdana Krapljanov Zlatko Bilić Service: finance: Dragica Raljević Martina Pavić 10 AFP GrOUP Finance & Bookkeeping Controlling Alenka Adamović Karmelina Orsag Stipica Vukša Vlasta Babić Kolar Purchasing Logistics IT Human Resources & Legal Affairs Competences Industrial Growth Thanks to our more than 30 years of experience as reliable provider of high-quality, flexible packaging with a broad customer base and a strong industrial owner, who urges and supports continuous improvement of our production efficiency, we are very well equipped for further growth and expansion. Customer Focus DIVERSIT Y & FLEXIBILIT Y SOLID GROW TH STRONG FOUNDATION Markets are becoming more and more demanding for AFP customers as well, and are characterised by shorter and shorter delivery times, smaller batch sizes and increasing quality requirements. Our many years of reliable work as well as the strong and uncompromising customer orientation have made the AFP Group a preferred partner of numerous well-known companies. The AFP Group is the market leader in Croatia and number 3 in its markets in Europe in the production of flexible aluminium packaging. This strong competitive position will be expanded even further. –– due to great customer proximity and many years of experience, there is a clear plan for targeted expansion of our strategic markets and product groups Effective and flexible customer solutions, both technical as well as logistical, are the focus of our daily work. Our strengths results also from the large bandwidth of customers that we serve successfully: from small family-run businesses to international corporations. Further and continuous improvement of the results through internal cost-reduction measures and targeted investments as well as current market developments and consolidations are opening up new development opportunities. Besides the expected organic growth, strategic acquisitions are also investigated in order to be able to better serve our existing and new customers and ensure stable and healthy growth. –– relatively independent of macro-economic situation Customer's benefit is generated through the highest product quality, timely deliveries, competent support and the committed service of our employees at a fair price. supplier of the year 2013 –– uncompromising customer orientation: highest service and problem-solving competence and reliability –– outstanding customer reference list –– effective and flexible production with excellent cost-effectiveness –– innovation and development partnerships Our clients are leading global brands such as (excerpt ): NEW PRODUCT DEVELOPMENT MANUFACTURING The AFP Group has significantly improved numerous important production processes and machines and acquired in-depth knowhow in manufacturing of highest quality products. All our production sites are equipped with the state of the art equipment and measuring instruments. The AFP Group has its own laboratory that allows for end-to-end and around the clock quality control. Constant, extensive and well thought out investments in the equipment as well as quality assurance and control ensure optimised processes, the highest level of quality and efficient and stable production. The highly technical background combined with openness for innovation makes it possible for us to overcome market barriers and support our customers consistently from the initial idea up to serial production. The AFP Group is a recognised and often the most important development partner for packaging of numerous European market leaders. 12 AFP GrOUP "It is our goal to become the preferred partner of leading European food and pharmaceutical companies for flexible packaging through our product and service quality, reliability and innovation strength." IGOR ARBANAS . CEO AFP GrOUP 13 Value Chain The AFP Group has over 30 years of experience in converting native aluminium and plastic foils to high-quality final products: we laminate, lacquer, extrude, print, slit, emboss, punch and form aluminium and plastics to sophisticated flexible packaging. SERVICES CONVERTING PRINTING FINISHING QUALIT Y From an idea to the final product: we provide basic material research, comprehensive product development, design services and pre-press work. The depth of our value chain assures excellent quality of the final product: we lacquer, print, extrude and laminate functional layers on the base material. Our state of the art printing machines allow fantastic print in roto and flexo-print on Aluminium, plastics and paper and in addition allows numerous design options and effects. We deliver final products well packed and to customers specification: individual lids stacked, reels, sheets, bags, stand up pouches, sachets, …. Our laboratories and sophisticated quality control and assurance equipment and procedures assure highest possible quality and reliability of our supplies. 14 AFP GrOUP Products Cost-effectiveness, good processing possibilities, excellent protection functions as well as favourable material and utilisation make aluminium and state of the art, even purely plastic-based, laminates into indispensable packaging material with high acceptance among packagers, retail channels and consumers. AFP's flexible packaging solutions refine the premium products of our customers, and together with our service, make a decisive contribution to their market success. Refined Composite materials Foils/films • multilayer • plastic films, Al foil, paper in different combinations • delivered in rolls (foils), pouches, bags,…. CONFECTIONARY aluminium foil • lacquered (e.g. silver/gold) • laminated • imprinted • embossed • or without safety features • lacquered and extruded aluminium foil, printed • delivered in different forms and sizes, punched or in rolls CONFECTIONARY pharmaceuticals HUMAN FOOD DAIRY lids food industry Containers / lids / rolls HUMAN FOOD • sterile • lacquered • imprinted • different size and thickness FOOD industry PET FOOD 16 AFP GrOUP AFP GrOUP 17 Our Markets Aluflexpack is concentrated on niche segments of the packaging industry defined by markets and products. The product range is expanded constantly regarding the depth of the assortment and technologies that are used to be able to offer customers an attractive complete package. CONFECTIONARY DAIRY HUMAN FOOD PET FOOD CONFECTIONARY Dairy The AFP Group is one of the leading suppliers of high quality flexible packaging for the European confectionary industry. We not only offer a wide range of highly sophisticated products to the industry but are also well known as a strong development partner. Manufacturers of high-quality but easily spoiled food, such as milk, yoghurt and other dairy products for which longer and longer shelf lives are expected and that are filled on machines that are becoming faster and faster, profit from excellent products and many years of experience of the AFP Group. We supply printed and refined aluminium films and a broad range of laminates intended for single or multipack packaging. We deliver in reels or cut lids, embossed or plain to the biggest and most demanding European dairy manufacturers. HUMAN FOOD PET FOOd The AFP Group offers a broad range and variety of sophisticated products and packaging solutions to suit constantly growing challenges of the human food industry. We supply packaging for jams and pate, snack foods, crackers, snacks, peanuts, nuts, packaging for sausages and dried meat, coffee, tea, instant drinks, packaging for instant meals, soup concentrates, food additives and baby food and other wet and dry products sold at retail level. AFP Group offers packaging solutions for wet and dry pet foods meeting all customer and animal requirements. We deliver containers and lids, finished stand up pouches or reels to our customers. Our products for the human food industry are delivered as lids, in reels, reel bags, containers and stand up pouches. 18 AFP GrOUP Actually, our expertise in manufacturing packaging for the pet food industry helps us keep and develop the high standard for human food products, as the pets extreme smell sense make them demanding customers. Responsibility ENVIRONMENTAL AWARENESS Certifications The AFP Group was one of the first, and at that time it was by far the biggest Croatian company to receive a comprehensive environmental permit in accordance with EU laws. We meet the strictest and newest EU standards related to environmental protection. Our plants are ISO (9001, 14001), HACCP, BRC and DMF audited and certified by recognised European certification centres. Solvent recovery systems are in operation in our production sites for years. The AFP Group uses electric energy generated from renewable energy sources for all Croatian plants. CERTIFICATE This is to certify that ALUFLEXPACK NOVI d.o.o. Ulica Dr. Franje Tudmana 25, 23000 Zadar, Croatia 1246578 has been evaluated by TÜV SÜD Management Service GmbH - accredited by DAkkS and found to meet the requirements of Global Standard for Packaging and Packaging Materials Issue 4, February 2011 Scope: Manufacturing of Aluminium and Aluminium / PP laminated lids and foils and of plastic foils (PP, PVC, PET), flexo printing, slitting and punching for primary and secondary packaging for the food, pet food and pharmaceutical industry Product Categories: High Hygiene Risk Category Metal High Hygiene Risk Category Plastics Achieved Grade: A Date(s) of audit: 2013-07-29 - 2013-07-30 Next audit to be performed before: 2014-07-29 Certificate Registration No.: 12 021 46246/01 TMS Report No.: 707014832 Auditor No.: 043067 Certificate validity: 2013-09-04 - 2014-09-09 If you would like to feedback comments on the BRC Global Standard or the audit process directly to BRC, please contact [email protected] Product Compliance Management Munich, 2013-09-05 This certificate is authorized by and remains the property of Risk management Acknowledged by customers Risk management is in place and covering not only our business and environmental risks including carbon or water impact but also comprehensive business risks like reputational risk for our customers. We are audited constantly by our customers based on a great variety of criteria like environment, social, employment or purchasing responsibility. We pass all these audits easily, and this is also acknowledged and honoured by our customers. 20 AFP GrOUP Recuperator, Umag The Recuperator recovers reusable solvents and alcohol from the emissions created in the printing process Montana Tech Components Montana Tech Components AG took over the Aluflexpack Group in 2012. The Aluflexpack Group is the first company of the Industrial Components division. VARTA Group VARTA Gruppe UAC AND ALU MENZIKEN UAC und Alu Menziken EX TRUSION Alpine METAL TECH Alpine METAL TECH INDUSTRIAL COMPONENTS In the Montana Metal Tech division, Alpine Tech is a worAlpine MetalMetal Tech ist Weltmarkt ld market leader inProduktidenthe field of führer im Bereich product and sprtifikationidentification und Spezialmaschinen für die metallurgische Industrie cial purpose machinery for the und Aluminiumradproduktion metallurgical industry and aluund tritt als Full-Liner für It En-is minum wheel production. gineering, Fertigung, known worldwide as a Vertrieb fullliner undengineering, Service weltweit auf. for manufacturing, sales, and service. Utilizing the industrial expertise of the die Montana Group, IndustNutzt Industrieexpertise der rial Components develops and Montana-Gruppe, um Industripools the resources eunternehmen mitof industrial Potential companies with potential. weiterzuentwickeln undIt prozu vides strategic supportstrategische and invesbündeln. Durch tments in innovative products, Begleitung sowie Investitionen sales, and R&D to promote thein innovative Produkte, Vertrieb se companies’ growth supund F&E werden dieseand Unterport their in market positions. nehmen ihrem Wachstum gefördert und in ihren Marktpositionen gestärkt. INDUSTRIAL COMPONENTS Ex trusion In the Montana Energy Storage division, VARTAMontana Group In der the Division manufactures microbatteries EnergyStorage produziert die for the electronics industry and VARTA Microbattery GmbH medical technology. Mikrobatterien für The die Group Elek member VARTAund Microbattery tronikindustrie Medizin GmbH a global market and technik.is Die Konzerngeselltechnology leader Gruppe and pursues schaft VARTA ist growth-oriented in the weltweiter Markt-projects und Technofields of electro mobility and logieführer und verfolgt Wachsintermediate tumsprojekteenergy in denstorage. Bereichen Elektromobilität und Energiezwischenspeicherung. The companies in the Montana Aerospace Components division Die Unternehmen der Division are leadingAerospace manufacturers Montana Compo-of aluminum readynentssind profiles weltweitand führende to-install for the Hersteller components von Aluminiumaerospace industries profilen and und other einbaufertigen worldwide. Strukturen für die Luftfahrtindustrie und andere Industriebereiche. Montana Tech Components GmbH Mariahilfer Strasse 1/Getreidemarkt 17 A-1060 Vienna, Austria Tel: +43 1 961 0692 / Fax: +43 1 961 0832 [email protected] www.montanatechcomponents.com 22 VARTA AFP GrOUP Gruppe Montana Tech Components AG Alte Aarauerstrasse 11 CH-5734 Reinach, Switzerland Tel: +41 62 765 2500 / Fax: + 41 62 765 2510 [email protected] www.montanatechcomponents.com ALUFLEXPACK GROUP – board offices AFP Group GmbH Mariahilferstrasse 1 / Getreidemarkt 17 1060 Vienna Austria T: +43 1 581 91 36, F: +43 1 581 9148 ALUFLEXPACK NOVI d.o.o. Ungarija 40 B 52470 Umag Croatia T: +385 52 703 348, F: +385 52 741 217 E-mail: [email protected] www.afp.hr
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