Rako sets succession plan in place

Rako Group produces self-adhesive labels, flexible packaging, sleeves and holograms, EAS and RFID products using flexo, digital offset, UV inkjet, offset, screen, gravure and letterpress printing processes, and using a combination of them.

Kurtz and Tippenhauer now hold a controlling majority of 85 percent of all group shares.

The reasoning behind the transfer of shares to Kurtz and Tippenhauer was the Koopmann family’s wish to place the future of the company in safe and responsible hands.

Both Kurtz and Tippenhauer have many years of experience in the print and packaging industry.

‘The continuity of the Rako Group has been assured,’ said Matthias Kurtz and Adrian Tippenhauer in a joint statement.

‘The company is successfully positioned in the market and we can face the future with plenty of optimism. It was particularly important for us to create the conditions that enable us to respond with even greater flexibility to increasing customer demands. We are extremely grateful to the Koopmann family, who possessed the entrepreneurial foresight to confront the difficult task of tackling the business succession at an early stage. Many other small- and medium-sized companies are not quite so fortunate.’

Pictured (from left): Tippenhauer, Kurtz and Rako Group board member Jacob Steeger