Dutch printing company Geostick, France’s Stratus Packaging and Nordvalls Etikett of Sweden have entered into a close contractual partnership intended to strengthen and maintain market share in a highly competitive market.
The basis for the collaboration of the three companies is to strengthen and maintain market share in a highly competitive market, alongside a future in which sustainability and innovations for product, packaging and machine development will be central. The companies are collectively to create a continuous business flow for suppliers and an organisation for competitive prices and services. As such, their joining forces and sharing knowledge us expected to yield ‘concrete competitive advantages’.
Geostick COO Cees Schouten commented, ‘In the highly competitive market, we are seeing more and more acquisitions from investment parties. That is why we, as a family business, enter partnerships with parties that have the same focus and core values.
‘Stratus is a family business, just like Geostick, and the owner of Nordvalls is the Possehl foundation. We look forward to creating long-term benefits in all areas of the chain with this partnership.’
Isidore Leiser, Stratus Packaging owner, said, ‘We are proud to be part of this strategic alliance, which will empower us to deliver even greater value to our customers and stakeholders. By combining our strengths with those of Geostick and Nordvalls, we are poised to elevate our offerings and reinforce our position as a leader in the industry.
‘This partnership underscores our unwavering commitment to innovation, sustainability, and customer satisfaction. Together, we will leverage our collective expertise to introduce groundbreaking solutions, enhance operational efficiency, and provide unparalleled service to our valued clients.
‘As we embark on this exciting journey, we are dedicated to driving positive change and shaping the future of packaging. Stay tuned for exciting updates as we work tirelessly to exceed your expectations and set new standards of excellence in the market.’
Patrik Jenemark, CEO at Nordvalls Etikett, added, ‘Our shared DNA includes entrepreneurship and long-term values that ensure stability for employees, customers and suppliers. Our collective knowledge benefits us in future product development and makes us stand even stronger for the future. We look forward to a long-term partnership.’
