Multipack moves out of trade binding

Decline in trade binding leads to Sydney-based Multipack’s decision to focus on the packaging sector.

Frank van den Berg, director of Multipack, told Print21 that the realignment was a strategic decision for the company’s future. “The trade binding industry is steadily declining and with more and more printers closing down, we wanted to minimise our exposure to bad debts resulting from these closures,” he explained.

Multipack has sold its binding line to Marvel Bookbinding in Melbourne. “In order to cater for the increasing demand in the general packaging area we decided to free up some space and capital,” van den Berg added.

Last month, Multipack purchased a flexographic printing company called AFP (Australian Flexographic Printers), to offer clients the ability to print of flexible packaging. It has also signed an agency agreement with English company, Cyberpac, to distribute and produce the Harmless dissolve and Harmless Compost flexible packaging material.

Multipack currently processes one million activities per week which includes hot melt tip ons, flow wrapping, mail processing, plastic wrap/envelope inserting and hand line activities.

“We have been expanding our plastic wrap and flow wrap services,” van den Berg said. “Only last year we completed the building of our clean room and obtained HACCP accreditation which we require to service the food sample packing and distribution industry.”