Elanders makes new acquisition and continues to grow in

Elanders has nowadays acquired all the shares in the German digital print business Schätzl Druck & Medien GmbH & Co. KG (“Schätzl”). Schätzl is a rapidly-developing enterprise that in the final twelve months had net sales of close to MEUR 15 with fantastic profitability. The corporation has preferred to focus as a subcontractor in the section on the web print with the aim on area of interest products.

In line with Elanders’ method to make investments and grow in the phase on-line print Elanders has signed a deal to obtain the German digital print company Schätzl Druck & Medien GmbH & Co. KG. On the internet print is one of the handful of regions in printing that can present an organic and natural growth. Schätzl is specialised as a subcontractor in on line print and is one particular of the major actors on the German industry. Some examples of the products and solutions they make are personalized and receiver-personalized children’s publications, invitation playing cards, photograph goods as perfectly as smaller sized editions of books and catalogues.

Elanders is now a perfectly-proven subcontractor in on-line print and has just one of the biggest electronic printing plants in Germany. Sven Burkhard, accountable for Print & Packaging Solutions in Elanders suggests:

“I’m really amazed by the firm Ulrich Schätzl has crafted up. With Schätzl on board Elanders will be just one of the top rated-tier leaders in Europe in on-line print. Not only as subcontractors, but with our individual makes as properly. We offer everything from photograph solutions to individuals to B2B promoting and packaging materials. Elanders is by now one particular of the main electronic print suppliers in Germany with our printing plant on the outskirts of Stuttgart in which we create every thing from substantial volumes with inkjet know-how to specific copies with standard electronic print.”

Ulrich Schätzl, CEO and operator of Schätzl, comments:

“I’m truly very pleased of the development journey we have produced in latest decades and the transformation of the firm to a purely electronic printer. These days we can present our customers a really automated producing course of action for editions of any dimensions all the way down to a single copy. Alongside one another with Elanders we will be capable to offer you a very aggressive strategy in on line print, equally to current and new customers in Europe.”

Web profits in Schätzl throughout the most recent twelve months interval ended up all around MEUR 15 with great profitability. The corporation will be consolidated into the Group as of July 2021. The order value was MEUR 8 on a personal debt-free of charge basis and is predicted to negatively affect dollars move in the third quarter 2021. The earlier operator can also receive an supplemental purchase sum in 12 months 2024, if the organization carries on to establish really positively in the following a few years. Acquisition prices are anticipated to sum to close to MSEK 1.

For additional concerns, you should get in touch with
Magnus Nilsson, President and CEO, phone: +46 31 750 07 50
Andréas Wikner, CFO, telephone: +46 31 750 07 50

This info is info that Elanders AB is obliged to make community pursuant to the EU Market Abuse Regulation. The details was submitted for publication, by means of the agency of the get hold of persons established out previously mentioned, at 14:15 CET on 6 July 2021.