The Maillis Group, founded in Greece in 1968, has evolved from a privately-owned steel strapping producer into a
multinational industrial corporation through its corporate strategies of superior value, vertically-integrated
production, organic growth and acquisitive expansion.
Thanks to its commercial organization and a strong collaboration with distributors all over the world (200 in North
America, 800 in Europe and 200 in the rest of the Worls), the Maillis Group (18% in the U.S.A., 75% in Europe, 7% in
the rest of the world) keeps a global vision with a local focus on the business.
1968
M. J. Maillis is established as producer of steel strapping
1994
The first two subsidiaries are established in Sofia, Bulgaria, and Bucharest, Romania, to develop a distribution
network for company products in the Balkans. The Company also became a producer via M. J. Maillis Romania.
1995
The first subsidiary company in Greece was established in March under the name Straptech S.A.
1997
Turnover grew from a few hundred thousand to 40 million by the end of the year.
A subsidiary company in Warsaw, Poland, was established.
1998
Strategic expansion through series of mergers, acquisitions and joint ventures in the following countries:
Czech Republic, Spain (Incoplastic S.A., Rocalu S.A.), Albania, England, France, United States, Hungary, Italy,
Austria,
Germany, Sweden, Canada, Belgium, Netherlands and Serbia.
1999
Considerable investment efforts to modernize operations across Europe.
Acquisition of Castlegate and Payne Strapping Systems Division of the Bunzl. Plc. company in England, renamed to
Payne Strapping Systems Ltd., then merged by acquisition with Elsten Ltd. company.
In France M.J. Maillis France S.A.S. acquires the companies Codami SARL and Cerbere Agrafvit S.A., together with the
Division Sovarec of Cerbere S.A.
OMS Maillis America Inc. is established through the joint venture of Michael J. Maillis S.A. and OMS S.p.A. in the
city of
Charlotte, North Carolina.
M. J. Maillis takes over Siat S.p.A. and its
subsidiaries (Ar.te Srl, Gramegna S.p.A., Ipde CO, Combi Packing, Siat USA) and acquired Columbia in Italy at
60%.
2000
M. J. Maillis takes over Cyklop (new commpany name: Contipak), in May M. J. Maillis aquires the german company
Sander GmbH.
Acquisition of the majority interest in the finnish company OY Astrap AB, together with its swedish subsidiary
Astrap AB. In the Czech Republic M. J. Maillis acquires DF Partner SRO, in Italy the majority interest in Sicme SRL.
Acquisition of the company Marflex Sp. Z.o.o. in Poland.
Astrap AB, the swedish subsidiary of Michael J. Maillis S.A. acquires Nydens Forpackings AB in December.
2001
New shares issued through subsidiary M. J. Maillis Romania S.A.
Annexation of MEGA S.r.l. to the M.J. Maillis Group by the subsidiary Siat S.p.A.. MEGA is a producer of
high-technology automated packaging machines for specialized uses.
Annexation of TAM S.r.l. to the M. J. Maillis Group by the subsidiary Siat S.p.A.
Acquisition of Samuel Packaging Systems Ltd. (UK) by the subsidiary Helero BV
Acquisition of United Packaging PLC by the subsidiary Helero BV
2003
The group reached the 300 million mark in turnover and brought staff numbers up from 164 to 1.976 people
2004
Purchase of building facilities in South Carolina, growth and penetration in North American market
2006
Joint venture in India
2008
Turnover hit historical record of 370 million+
2011
Restore profitability and debt reduction through an operational restructuring and a rationalization in production
2013
Improved financial performances 284 million turnover
2014
New ownership of the group by H.I.G.
private
equity
2017
Relocation of the headquarters to Luxembourg
Big investments in stretch film production and innovation: from R&D to application testing
2018
Focus on four centers of competences (USA, Italy, Poland and Greece) and load stability
Sources:
- www.maillis.com
- www.siat.com
- Michael J. Maillis S.A. Packing Systems - Annual Report 2001