Film manufacturing is scheduled to commence in the final quarter of 2016. The set up will operate within Flex Films Europa Sp. Z O.O’s facility in Wrzesnia, Poland with WaveFront Technology Europe leading the sales and marketing activities.
Flex Films Europa Sp. Z.o.o is indirectly wholly owned subsidiary of Uflex. The company had expanded its film manufacturing footprints into Poland back in 2012 after venturing out in UAE, Mexico, Egypt, and subsequently in Kentucky, the US.
Ashok Chaturvedi, chairman and managing director, Uflex said: “This is an important geographical extension of our existing relationship with WaveFront Technology. We have built up an excellent working relationship in India and we anticipate working closely with the WaveFront Europe team to increase market penetration and new product development in the years ahead.”
Chaturvedi added that the ties with WaveFront will further enhance the company’s ‘speed to market reach’ in Europe – one of the core pillars of its global business strategy.
Joel Petersen, president and founder of WaveFront Technology added, “We are pleased to be associated with Uflex Group in Europe, a territory that has become the most important region for stimulating new Fresnel lens designs and process developments. Uflex is renowned for its process engineering quality, and is a World Leader in film manufacturing. We are excited with the synergies this extended alliance will offer.”