Limo Labels joins All4Labels Group
All4Labels Global Packaging Group has acquired one of the largest label manufacturers in Denmark and one of the leading label manufacturers in Scandinavia, Limo Labels.
The company is focused on high-value labels for the healthcare and industrial sectors. The company will become a subsidiary of the All4Labels Group. The former owners will become co-shareholders of 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,’ commented Adrian Tippenhauer, CEO of All4Labels. ‘Limo Labels has continually worked to invest in its employees, processes, and technology in order to strengthen its 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 Asbjørn Bay-Smidt and 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. Thanks to their many years of experience and market knowledge, they will contribute to the accelerated growth of All4Labels in the Nordic regions.
‘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,’ said Asbjørn Bay-Smidt, CEO Limo Labels. ‘What we highly appreciate about All4Labels is its 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 sustainably – 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,’ concluded Tippenhauer.
The terms of the transaction were not disclosed.