Asia File zooms in on M&A potential

FIVE years since it first went into the European market, stationery maker Asia File Corp Bhd continues to be bullish on the potential for growth there, whether organically or through acquisitions, and its focus now is in continental Europe.

Executive chairman Michael Lim Soon Huat says there were two European manufacturing companies that have piqued Asia File’s interest but any decision to acquire more companies will fall back on synergistic potential.