All4Labels Global Packaging Group recently announced that it is continuing its global growth strategy by acquiring Limo Labels A/S. Reportedly the largest label manufacturer in Denmark and one of the leading label manufacturers in Scandinavia, Limo Labels provides label solutions for the healthcare and industrial sectors. The company will become a subsidiary of the All4Labels Group, and the former owners will become co-shareholders of All4Labels. Terms of the transaction were not disclosed.
“This partnership is an important milestone for All4Labels—especially for our growth strategy in Northern Europe,” said Adrian Tippenhauer, CEO of All4Labels. “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 their employees, processes, and technology in order to strengthen their 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 Mr. Asbjørn Bay-Smidt and Mr. 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.”
According to Asbjørn Bay-Smidt, CEO of Limo Labels, “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 their 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.”