All4Labels Global Packaging Group has acquired Gráficas Indetic, a renowned Spanish converter of high-value decorative self-adhesive labels and shrink sleeves, as a part of its global growth strategy. The company will become a subsidiary of the All4Labels Group and the current owners will continue to manage the business as part of All4Labels. Terms and conditions of the transaction were not disclosed.
Adrian Tippenhauer, CEO All4Labels, said: ‘This transaction marks the beginning of our strategy to build a leading business unit in the Iberian market. 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. At the same time, we are pleased to welcome the management team around owner Antonio Villegas Castillo and all employees as new members of the All4Labels Global Packaging Group. 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. Finally, I would like to thank all parties involved for their trust and valuable support in this project.’
Antonio Villegas Castillo, owner of Gráficas Indetic, stated: ‘We are very happy to now be part of All4Labels. We strongly believe that by joining our forces and cooperating we can grow together and serve our customers even better than we have already done in the past. We are looking forward to exploring all the possibilities we have in the Iberian market, now with the strength and resources of the All4Labels Global Packaging Group.’
The new partnership, which adds many years of experience and extensive knowledge of the Spanish market to the All4Labels Group, will accelerate the company's sustainable growth on an international scale. With the latest acquisition the All4Labels Group further substantiates its strategy to establish and diversify its business in attractive product categories, markets as well as regions.