Limo Labels joins All4Labels Group
Stevnstrup (Denmark) / Hamburg (Germany), 17 January 2022 – All4Labels Global Packaging Group, a Triton Fund V portfolio company and a leading international manufacturer of packaging solutions, as well as a pioneer in digital printing, is continuing its global growth strategy through its acquisition of the largest label manufacturer in Denmark and one of the leading label manufacturers in Scandinavia, Limo Labels A/S. The company is focused on high value label solutions for the Healthcare and Industrial sector. The company will become a subsidiary of the All4Labels Group and the former owners will become co-shareholders of All4Labels. Terms of the transaction were not disclosed.
Adrian Tippenhauer, CEO All4Labels: “This partnership is an important milestone for All4Labels – especially for our growth strategy in Northern Europe. We are convinced that Limo Labels will enable us to respond even better to the dynamic needs of our global and local customers. Limo Labels has continually worked to invest in their employees, processes, and technology in order to strengthen their organization and to become one of the most trusted label solution providers in Scandinavia. We are pleased to welcome the management team around the owners Mr. Asbjørn Bay-Smidt and Mr. René Tøttrup Klith as well as all employees as new members of the All4Labels Global Packaging Group. With this new partnership we will strengthen the foundation upon which we grow as a leading international group, and we look forward to working with Limo Labels to position the combined business for future success. Finally, I would like to thank all parties involved for their valuable support in this project.”
The Limo Labels owners and management team will continue to manage the business and, thanks to their many years of experience and market knowledge, will contribute to the accelerated growth of All4Labels in the Nordic regions. Asbjørn Bay-Smidt, CEO Limo Labels: “Limo Labels has been looking for an international partner to be stronger not only in the Nordics, but also on an international level, and thus enabling us to grow together with our customers both locally and globally – with All4Labels we have found a perfect match and partner to do so. What we highly appreciate about All4Labels is their mindset and approach to work as one global team in order to set new standards in the packaging industry. We clearly value the group’s focus on digital, innovative and sustainable packaging solutions.”
This transaction increases the size and international reach of the All4Labels Group and underlines the goal to continue growing in a sustainable way – organically and through acquisitions. “We at All4Labels are committed to convince more founders as well as entrepreneurs of our Group's vision, so 2022 will bring further positive news of new partnerships going forward” summarizes CEO Adrian Tippenhauer.
All4labels – Global Packaging Group is one of the world's leading label manufacturers and a pioneer in digital printing solutions. Serving local and multinational companies in a wide range of industries, the company offers the industry's most innovative solutions in a one-stop-shop concept for self-adhesive, shrink sleeves, security labels and flexible solutions. All4Labels sets its footprint in the important growth area of its customers and is a strong partner through a global network of 30 production sites and more than 3,000 employees.
For more information: www.all4labels.com
About Limo Labels
Limo Labels is one of the largest and leading producers of labels in Scandinavia, which operates two production sites in Denmark with a workforce of more than 160 employees. The company runs multiple production lines for high value label solutions utilizing several technologies including flexo, screen printing, digital inkjet and digital dry toner to manage the production of a range of labels products of different types, sizes and designs including smart labels with RFID technology.
The company caters with its value-added solutions local and global customers from a broad range of end markets.
For more information: www.limolabels.dk
Since its establishment in 1997, Triton has sponsored ten funds, focusing on businesses in the industrial tech, services, consumer and healthcare sectors. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe.
Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvement and growth.
The 50 companies currently in Triton’s portfolio have combined sales of around EUR 18.1 billion and employ around 104,500 employees.
For further information: www.triton-partners.com