Global packaging group All4Labels has acquired Denmark’s Limo Labels, strengthening its position in Northern Europe.
Limo Labels is the largest label manufacturer in Denmark and one of the foremost label manufacturers in Scandinavia. The company is focused on manufacturing high value labels for the healthcare and industrial sectors. Digital is amongst the many production techniques deployed by the converter located in Langå, located in Randers municipality in the Midtjylland region of Jutland.
Following the acquisition Limo Labels will become a subsidiary of All4Labels Group, and the former owners – Asbjørn Bay-Smidt and René Tøttrup Klith – will become co-shareholders of All4Labels.
All4Labels CEO Adrian Tippenhauer said, ‘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 its employees, processes, and technology in order to strengthen the organisation and to become one of the most trusted label solution providers in Scandinavia.’
He continued, ‘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, are expected to ‘contribute to the accelerated growth’ of All4Labels in the Nordic region.
Mr Bay-Smidt, CEO at Limo Labels, said, ‘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 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.’