24/02/2021 | IT/Logistics, Packaging

Schur Labels A/S acquires Interket Group's Danish operation

Schur Group and Interket Group have agreed on merging their Danish label activities into one company under the brand and ownership of Schur Labels A/S, effective 1 March 2021. The Interket Group will divest its operating business and assets within Denmark whilst Interket A/S will remain the holding company for the Interket Group.

Carl E. Parkander, Interket Group CEO, explains: “The Danish market is a limited part of the Interket Group and we have for some time evaluated different options to strengthen our position, including the recent investments in a digital print platform. When this opportunity arose, we immediately saw the industrial logic and potential in merging the two companies, creating a new strong contender within the Danish labels market based in Horsens”. This will enable the Interket Group to further increase their focus on its more strategic markets in The Netherlands, UK, Germany, Sweden, and France, where several interesting projects are currently ongoing.

Hans Schur, CEO of Schur International Holding, says: “Since 2019, the production of labels has been part of our portfolio and we have discovered great synergies with the other activities in our group. To merge Schur Labels with Interket Denmark is a unique opportunity for us to unite the two companies in a new facility at the premises of Schur Technology in Horsens with state-of-the-art production technology - Schur Labels will become one of the largest players on the Danish label market. The fact that Schur and Interket also match each other on values, service, and quality just makes it even better”.