OptiGroup completes acquisition of Pac-Production Sweden AB
OptiGroup AB has completed its previously announced acquisition of 100% of the shares of Pac-Production Sweden AB. The transaction was completed following the approval by the Swedish Competition Authority. The purchase price has not been disclosed.
Pac, with revenues of approximately EUR 60 million, is a leading Scandinavian distributor of catering and non-food products to the hotel, catering and facility management segments.
“We welcome all the employees, customers and suppliers of Pac to the OptiGroup. We look forward to build upon the success of Pac in providing a broad range of food service products to its customers,” says Christoph Sander, CEO of OptiGroup.
“Pac has over the years grown and developed together with many demanding customers. Through becoming part of the OptiGroup, while maintaining the unique Pac identity, we will have fantastic opportunities to increase and improve our offering to all our customers,” says Magnus Karlsson, CEO of Pac.
For further information, please contact:
Sören Gaardboe, Chief Operating Officer, OptiGroup, Tel. +45 242 86700
Magnus Karlsson, CEO Pac-Production, Tel. +46 70 660 52 43
Stefan Sikander, Corporate Communication Director, OptiGroup, Tel. +46 706 404684
OptiGroup is a leading European business-to-business distributor of business essentials in Facility Solutions, Packaging & Safety Solutions, Printing & Creative Solutions and Reseller Solutions. OptiGroup companies specialise in offering products and services that streamline operations for their customers and promote a more successful business. The Group, with net sales of EUR 1.5 billion in 2016 and 1,900 employees, supports more than 65,000 customers in 19 countries across Europe.