All4Labels acquires Springfield Solutions
With this move, All4Labels continues its strategy of building a major business unit in the United Kingdom started with the acquisition of Olympus Print Group
All4Labels, incorporating All4Graphics, is continuing its global growth strategy through its acquisition of Springfield Solutions. The company will become a subsidiary of the All4Labels Group. The transaction is subject to customary closing conditions. Terms and conditions of the transaction were not disclosed.
With this transaction, All4Labels continues its strategy of building a major business unit in the United Kingdom started with the acquisition of Olympus Print Group (All4Labels UK Leeds Ltd.) as its first subsidiary in Leeds over a year ago. Dr. Günther Weymans, All4Labels’ COO said: 'We are happy to welcome the entire Springfield Solutions team as new members of the All4Labels Global Packaging Group. We believe that Springfield Solutions with their vision to be a world leader in the supply of innovative and sustainable digital packaging assets complements our digital business perfectly. With both our sites in the UK All4Labels will now be able to offer a wider range of products and services to an even broader range of customers both locally and on an international level. Finally, I would like to thank all parties involved for their trust and valuable support in this project.'
The Springfield Solutions owners and management team will continue to manage the business and, thanks to their many years of experience and market knowledge, will contribute to the accelerated growth of All4Labels in the United Kingdom.
Matt Dass, managing director of Springfield Solutions commented: 'We are extremely excited to join the All4Labels Global Packaging Group, from our very first discussion it was clear that our vision, mission and values are completely aligned. Partnering with All4Labels and its packaging design unit All4Graphics will accelerate our joint vision of being the World Leader in the Supply of Sustainable, Digital Packaging Assets.'
The founder of Springfield Solutions, Albert Dass, added: 'Since starting the company nearly 50 years ago, it has been a life’s ambition to pioneer the way print and packaging is produced, with digital being at the core of everything we do. Joining the All4Labels Group will ensure we continue to do this for the next 50 years.'
The new partnership with Springfield Solutions further substantiates All4Labels Group strategy of sustainable investments into long-term growth, innovation, professionalization and cross-regional expansion in a European and global context.
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