ORAFOL expands global presence through strategic acquisition in Korea

ORAFOL has acquired Reflomax Co. in Korea, effective September 10, 2025, with the company saying that the transaction is a strategic step in strengthening its presence and commitment to the Asia-Pacific region, which also enables the implementation of innovative reflective technologies within the ORAFOL Group.

ORAFOL has a heritage of acquiring new technologies to enhance the value-added depth of the ORAFOL Group sustainably. The company says each acquisition drives its growth and makes it a market leader in the respective technology segment.

Reflomax, based in South Korea, develops and manufactures retroreflective materials and specialty films in the Asia-Pacific region. Founded in 1989, the company has focused on developing innovative, forward-looking microprismatic reflective film products.

“The benefits of this partnership are clear and multifaceted, as we are united in vision and purpose,” says Daniel Kim, CEO of Reflomax. “ORAFOL is not only expanding its global presence but also elevating Reflomax’s capabilities to an entirely new level. This collaboration with the strong global player 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,” Kim adds.

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,” explains Dr. Holger Loclair, Chairman & CEO of the ORAFOL Group.

ORAFOL and Reflomax say they will release information on an expanded portfolio of services and joint market offerings in the coming months.