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Home > News > Valuable News > Schades acquires Hamilton Adhesive Labels to boost UK business

Schades acquires Hamilton Adhesive Labels to boost UK business

ECHEMI 2024-09-12

POS roll and label supplier Schades has announced the acquisition of UK-based Hamilton Adhesive Labels, a private label manufacturer of label solutions that has worked with brands in the UK and Europe for over 32 years, including some of the largest household brands. Schades is a subsidiary of Germany-based Harbour Investment.

 

The acquisition is completed on 3 September 2024. Schades will acquire all assets, including inventory, intellectual property and customer contracts, ensuring a smooth transition for customers and employees. The acquisition is in line with Harbour Investment GmbH’s long-term strategy to transform the business, as well as the company’s growth strategy to diversify its products and strengthen its market position in UK label manufacturing, and will provide Schades with significant future growth potential through quickly realised synergies.

 

Schades intends to make the necessary investments to further strengthen HAL’s competitiveness and expand its sales and manufacturing capabilities.

 

Jack Hugill, Managing Director of Schades, said: "We are delighted to welcome Hamilton Adhesive Labels to the Schades family. This acquisition is a significant opportunity to strengthen our position in the label manufacturing market and provide greater value to our customers. This enables the Schades Group to offer customers the highest quality, most cost-effective solutions. Through our new website, we can effectively demonstrate the benefits of choosing the Schades Group."

 

Jun Park, CEO of Schades, said: "We are very pleased that as the Group is implementing a long-term transformation strategy to drive sustainable growth, the acquisition of HAL is a strategic fit, with significant synergies with our existing UK business and strengthens the Group's label business capabilities. We have leveraged our resources and strengths to complete this acquisition in an exceptionally fast process."

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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