All4Labels Global Packaging Group, an international manufacturer of packaging solutions, as well as a pioneer in digital printing, is continuing its global growth strategy through the acquisition of Olympus Print Group, the Leeds-based label manufacturer.
The company offers label solutions for a range of markets with a focus on the Personal Care as well as Wine & Spirits, and Beer industry. Olympus Print Group will become the first subsidiary of All4Labels in the UK.
The former owners will become co-shareholders of the All4Labels Group and will continue to manage the business.
Terms and conditions of the transaction were not disclosed.
Adrian Tippenhauer, CEO, All4Labels, said: “This transaction represents a new milestone for All4Labels as we will get access to the important and dynamic UK market with a strong partner who can cater existing and future customers with high-quality label solutions.
“The acquisition marks the beginning of our strategy to build a leading business unit in the United Kingdom through investments in organic and acquisitive growth. Along with our leadership team, I look forward to working with the Olympus Print Group team on our joint growth and success for many years to come.”
Steve Cartwright, director at Olympus Print Group, said: “After 28 years of building the Olympus brand, we are proud of our reputation for technical expertise, high quality and strong focus on customer service. The decision to join a partnership with a global, like-minded and innovative packaging group was made easy as All4Labels shares the same strong values as Olympus Print Group. The full senior management team and employees look forward to working with All4Labels in the future.”
The new partnership with Olympus Print Group illustrates the fifth successful acquisition by the All4Labels Group within the last twelve months.
The transaction is subject to customary closing conditions.
