Schur Group and Interket Group have agreed a deal that will see their Danish label activities merged into one company under the brand and ownership of Schur Labels A/S.
This will see Interket Group divest its operating business and assets within Denmark. Interket A/S will remain the holding company for the Interket Group.
Hans Schur, CEO at Schur International Holding, said, ‘Since 2019, the production of labels has been part of our portfolio and we have discovered great synergies with the other activities in our group. To merge Schur Labels with Interket Denmark is a unique opportunity for us to unite the two companies in a new facility at the premises of Schur Technology in Horsens with state-of-the-art production technology.
‘Schur Labels will become one of the largest players on the Danish label market. The fact that Schur and Interket also match each other on values, service, and quality just makes it even better.’
Following the divestment of its activities in Denmark, Interket Group is to further increase the focus on its more strategic markets in the Netherlands, the UK, Germany, Sweden, and France, ‘where several interesting projects are currently ongoing.’
Interket Group CEO Carl Parkander said, ‘The Danish market is a limited part of the Interket Group and we have for some time evaluated different options to strengthen our position, including the recent investments in a digital print platform. When this opportunity arose, we immediately saw the industrial logic and potential in merging the two companies, creating a new strong contender within the Danish labels market based in Horsens.’
