Schades, 04 September 2024
- Successful acquisition of UK based Hamilton Adhesive Labels
- Schades has meant Hamilton is taken out of administration
- Acquisition includes all assets including inventory
- The move supports significant growth strategy plans
Successful acquisition of UK based Hamilton Adhesive LabelsSchades has meant Hamilton is taken out of administrationAcquisition includes all assets including inventoryThe move supports significant growth strategy plans
Supporting long term growth strategies in the UK and beyond
Schades, a leading supplier of POS rolls and labels, has announced the acquisition of Hamilton Adhesive Labels in the UK out of administration
Hamilton Adhesive Labels (HAL) has been working with brands across the UK and Europe for over 32 years, including some of the largest household brands. HAL, a private label manufacturer renowned for its high-quality printing and general label solutions, has been acquired by Schades, a subsidiary of Harbour Investment GmbH in Germany.
The acquisition was completed September 3, 2024. Schades will acquire all assets, including inventory, intellectual property and customer contracts, ensuring a smooth transition for customers and employees.
The acquisition is consistent with Harbour Investment GmbH’s long-term strategy to transform its business and is consistent with the company’s growth strategy to diversify its product offering and strengthen its market position in the label manufacturing sector in the UK.
Schades intends to make the necessary investments to further strengthen HAL’s competitiveness and expand its sales and manufacturing capabilities.
The acquisition will provide Schades with significant future growth potential through rapidly achievable synergies.
Jack Hugill, Managing Director of Schades Ltd, 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 deliver greater value to our customers. This allows Schades Group to offer customers the highest quality, cost-effective solutions. With our new website, we can effectively demonstrate the benefits of choosing Schades Group.”
Jun Park, CEO of Schades Group, said: “We are very pleased because the Group is implementing a long-term transformation strategy to drive sustainable growth and the acquisition of HAL is a strategic fit, delivering significant synergies with our existing UK operations and strengthening the Group’s label business capabilities. We made this acquisition through exceptionally quick process with our own resource and strengths.”
About Schades Group
Schades Group is Europe’s largest group of paper roll, linerless and label manufacturers.
A unique customer base combined with a strong local presence in the major European markets, has enabled the companies to successfully build competitive strength.
Spanning production sites across Germany, Poland, France and the UK, as well as strategically positioned sales offices and warehouses in Spain, Denmark, Sweden, Finland, and Switzerland, the group is poised to meet the diverse needs of clients across the continent.
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