Logopak Systeme GmbH & Co. KG acquires 100% of the shares in LSS Etikettering A/S
Clearwater International advises on the divestment of LSS Etikettering.
Logopak Systeme GmbH & Co. KG is a leading European manufacturer of logistical integrated labeling systems. Since 2011 the business has been owned by Possehl, a global, diversified company with annual revenues of €2.8bn and more than 11,500 employees. Logopak has 220 employees and a turnover of €32m.
LSS Etikettering A/S is the leading manufacturer of customised labeling systems in Scandinavia providing solutions for numerous industries. The company has an especially strong position within the pharmaceutical industry as well as the paint and coating industry.
Together with Logopak who has a strong sales and service team throughout Europe, LSS Etikettering now has significant opportunities to expand outside the region and thus achieve solid growth. Historically, Logopak has mainly focused on labeling packaging and secondary packaging, while LSS prints data directly on individual products. Thus the acquisition provides both companies with numerous synergies without a loss of independence.