Funds advised by private equity firm Triton have reached an agreement to acquire a stake in global packaging group All4LAbels.
Together with the current management of the German company, who will continue to run the business, Triton will invest in alongside the existing ownership.
All parties support the future growth of All4Labels, with Triton noting that it brings additional capital and industry expertise to support the company’s expansion strategy,
‘We look forward to actively supporting the management and employees of All4Labels as a stable owner by investing in the growth and development of the company,’ said Peder Prahl, director of the general partners for the Triton funds. ‘Our industry expertise and international network will further strengthen All4Labels’ position as an innovative and reliable partner to leading local and international companies in various industries.’
Adrian Tippenhauer, co-CEO at All4Labels, added, ‘We are pleased to welcome Triton as our new partner. Based on its experience from prior investments, Triton has demonstrated deep sector knowledge and will be a real driver towards digitalisation. Triton is clearly the right partner for us for the future as we continue to grow internationally by leveraging our strong core businesses and market leadership in digital printing backed by the network of experts and experience of Triton.’
Current minority shareholder Genui Partners will now sell its stake.