Relieves Egara joins All4Labels Group
Terrassa (Spain) / Hamburg (Germany), 8 August 2022 – All4Labels Global Packaging Group, a Triton Fund V portfolio company and an internationally leading manufacturer of packaging solutions as well as a pioneer in digital printing, is continuing its global growth strategy by acquiring Relieves Egara, a renowned Spanish label converting company founded in 1947.
The company with a long heritage in the Spanish market will become a subsidiary of the All4Labels Group, the current management team will continue to manage the business as part of All4Labels. Terms of the transaction were not disclosed.
Oriol Galí Reyes, the representative of the shareholder families Reyes, Masferrer and Gros of Relieves Egara states: “We are very happy that we have found an agreement which makes All4Labels the future home for our family business, a company that has been existing for more than 70 years. We have selected All4Labels as the future owner as we are convinced that the group has a strong long-term strategy to develop the Spanish market as well as considering their success partnering with other family-owned companies, which are being developed further through investments and add-on acquisitions. We believe Relieves Egara and its employees have a great future ahead under the roof of the All4Labels Group. We wish our team and the overall group all the best.”
Adrian Tippenhauer, CEO All4Labels: “This future partnership with Relieves Egara is another important step for All4Labels, especially for our expansion in the Iberian Region. We are very happy to bring Josep Gamundi and his entire management team on board of the All4Labels Group and are keen on developing the business further. We see a lot of potential to strengthen our market position in Spain and accelerate our growth, together with the companies that recently joined and more acquisitions to come. Finally, I would like to thank all parties involved for their great support in this transaction.”
Speaking on behalf of the management team Josep Gamundi, Managing Director of Relieves Egara, highlights: “Relieves Egara has always focused on satisfying our customers to the highest level in all aspects possible. With All4Labels we have seen the exact same mindset and philosophy, which was a key driver for our decision to form this powerful partnership. We are determined to utilize this opportunity to improve our business even further and to bundle our energy and efforts to establish All4Labels as one of the leading players in the Iberian region”.
The new partnership with Relieves Egara represents the second acquisition of a leading packaging business by the All4Labels Group in Spain in a short time frame. These investments underline All4Labels strategy of sustainable investments into long-term growth, professionalization, and cross-regional expansion in a European and global context.
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, flexible solutions, and more. All4Labels sets its footprint in the important growth area of its customers and is a strong partner through a global network of more than 33 production sites and +3,400 employees.
For further information: www.all4labels.com
About Relieves Egara
Relieves Egara is a Spanish label and packaging supplier of choice for a wide range of personal care clients, as well as leading companies in the pharmaceutical industry. The company of +60 employees offers a broad portfolio of high value solutions such as self-adhesive labels, personal care and pharma-specific specialties, as well as security products. The completion of its current move to a new and state of the art +5.000 sqm facility in Barcelona will strongly contribute to the firm’s future resources and capabilities.
For further information: www.regara.com
Since its establishment in 1997, Triton has sponsored ten funds, focusing on businesses in the industrial tech, services, consumer, and healthcare sectors. Triton invests in and supports 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 companies currently in Triton’s portfolio have combined sales of around EUR 18.1 billion and employ around 104,000 employees.
For further information: www.triton-partners.com