ORAFOL expands global presence with new acquisition in Korea

ORAFOL Group has recently acquired Korean company, Reflomax Co. Ltd. as part of its ongoing strategy to further strengthen its Asia-Pacific presence. The strategic acquisition will also enable the implementation of innovative reflective technologies within the ORAFOL Group. Dr Holger Loclair, Chairman & CEO of ORAFOL Group asserted that they have long prioritised strategic partnerships as a cornerstone of the company’s 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 new partnership is a significant milestone in our global growth strategy, as the acquisition not only provides access to innovative technologies but also valuable regional market knowledge,” he added. Daniel Kim, CEO of Reflomax, added that benefits of this partnership are clear and multifaceted, as they are united in vision and purpose.