- All4Labels intends to make acquisitions in Iberia
- Relieves Egara is a Spanish label converting company
- It will become a subsidiary of the All4Labels Group with the management team staying in place
Triton Fund V portfolio company All4Labels Global Packaging announced on Monday that it has bought Relieves Egara, a Spanish label converting company founded in 1947 and based in Terrassa. Relieves Egara will become a subsidiary of the All4Labels Group with the management team remaining in place. All4Labels is a manufacturer of packaging solutions.
“This future partnership with Relieves Egara is another important step for All4Labels, especially for our expansion in the Iberian Region,” said Adrian Tippenhauer, CEO of All4Labels. “We see a lot of potential to strengthen our market position in Spain and accelerate our growth, together with the companies that recently joined and more acquisitions to come. Finally, I would like to thank all parties involved for their great support in this transaction.”
The deal follows from the acquisition of Gráficas Indetic, a Spanish converter of high-value decorative self-adhesive labels and shrink sleeves that All4Labels announced on 4 August. All4Labels intends to make further acquisitions in the Iberian region as it looks to strengthen its market position in Spain. Gráficas Indetic is headquartered in Barcelona.
“This transaction marks the beginning of our strategy to build a leading business unit in the Iberian market,” said Adrian Tippenhauer, CEO of All4Labels. “We are certain that Gráficas Indetic will be able to offer high quality packaging solutions to its existing and future customers, both locally and globally. This new partnership strengthens our concept of sustainable growth on an international level and by partnering with Gráficas Indetic we are clearly positioning ourselves for future success in a new and attractive market.”
Triton Partners is a private equity firm headquartered in Luxembourg that currently has a portfolio of 49 companies. It looks to invest across strategies in the industrial tech, services, consumer and healthcare sectors. Triton Fund V was established in 2018 and has raised capital commitments of €5.2 billion. It has a European focus.