Meto acquires printing company for bar-coded labels in Sweden

Esselte Meto AB has entered in an agreement to acquire Jinnestål Tryckeri AB (Helsingborg, Sweden), a printing company specializing in bar-coded labels for industrial applications. Jinnestål has sales of slightly more than SEK 10 million and 10 employees. "The acquisition strengthens Meto's position in Sweden and Denmark in the bar- coded label market, a strategic sector of strong growth for us," commented Björn Rowland, President of Esselte Meto AB in Sweden. The Esselte Group consists of three independent business areas - Esselte Office Products, Meto and Nielsen & Bainbridge - which are all global market leaders in their respective product categories: office products, labeling systems and picture framing products. The Parent Company, Esselte AB, focuses on creating added value by being an active owner and implementing structural measures to streamline operations. For further information please contact Bengt Wikander, Senior Vice President, Corporate Communications, at Esselte AB, phone +46-8-545 21 900 or Björn Rowland, President of Esselte Meto AB, phone +46-8-734 37 00.