The investment towards the plant is about 85 million USD
The Labelmakers Group has acquired Kolibri Labels as it looks to broaden its range of self-adhesive labels while strengthening its position in the pan-European market.
Kolibri Labels specializes in the production of high-quality labels for the cosmetic, chemical and beverage markets. The Labelmakers Group is comprised of Telrol, Peha Labels, BioLabel, HACCP Label, LMG Ribbons, Jac-Stick and now Kolibri Labels.
Both Kolibri Labels and The Labelmakers Group are based in the Netherlands.
Hoessein Hadaoui, managing director for The Labelmakers Group, said: ‘The company focuses on offering a high level of customer service and expertise in the markets it serves, which makes Kolibri a perfect fit for The Labelmakers Group.
‘The acquisition falls in line with our strategic plan for the future, as we look to acquire label companies that share our philosophy of providing high-quality labels and superior customer service. With the massive growth of Telrol, the acquisitions of Peha and Kolibri Labels, the future for The Labelmakers is now.’