Coveris announces the successful signing and closing of another strategic transaction in Central and Eastern Europe: the acquisition of S&K Label spol. s r.o. in the Czech Republic. This is the third acquisition in Central and Eastern Europe (CEE).
Following the recent acquisitions of two production sites for flexible packaging by Coveris in Hungary and Poland, S&K Label in the Czech Republic is the packaging manufacturer's third acquisition in the CEE region and the third in Europe. the first in the labelling sector outside the UK. S&K Label is one of the most technologically advanced
the most advanced manufacturing companies in Central and Eastern Europe, is the ideal strategic complement to Coveris' labelling business to create a pan-European
to create a corporate platform.
„We are excited about this investment opportunity to grow our Labels division, further develop our platform and expand our geographical reach. The acquisition of S&K Label is a great opportunity for us, ensure the local production of high-quality labels for our customers, to meet the current and future growth in demand for sustainable labelling solutions. This acquisition also enables us to further strengthen our market position in mainland Europe.“
Christian Kolarik, CEO of Coveris
Source: Coveris
