OptiGroup to acquire Pac-Production in Sweden
OptiGroup AB has agreed to acquire 100% of the shares of Pac-Production Sweden AB. The transaction, which is subject to approval by the Swedish Competition Authority, is expected to be completed in the coming months. The purchase price has not been disclosed.
Pac-Production, with revenues of approximately EUR 60 million, is a leading Scandinavian distributor of catering and non-food products to hospitality and service industries. Through this acquisition, the business segment Facility Solutions will further strengthen its Nordic position in the segment of hotel, restaurant, catering and facility management supplies.
For further information, please contact:
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.