OptiGroup to acquire PacsOn in Sweden

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OptiGroup has agreed to acquire 100% of the shares of PacsOn Sverige AB from Herenco AB. The acquisition, which is subject to approval by the Swedish Competition Authority, is expected to be completed in the coming months.  

The acquisition of PacsOn is in line with OptiGroup’s strategy to develop the business portfolio towards leading positions in attractive market segments and improves the growth opportunities in the packaging business. Through the acquisition, Business Area Packaging will become one of the leading B2B distributors of packaging solutions in Sweden.

PacsOn, with a turnover of 840 million SEK in 2020, is a leading provider of products and supply solutions within packaging and business consumables. PacsOn will become part of OptiGroup’s Business Area Packaging and will continue to operate under its current brand. The purchase price has not been disclosed.

“This acquisition will enhance our geographical coverage and together with our existing business, we will further improve our customer value proposition,” says Jesper Hall, Senior Vice President Packaging at OptiGroup.

“PacsOn is a well-established company with a wide customer base, and we look forward to welcoming PacsOn into our OptiGroup family. The company will strongly contribute to our growth journey and our profitability within Business Area Packaging,” says Sören Gaardboe, CEO at OptiGroup.

For further information, please contact:
Jesper Hall, SVP Packaging, OptiGroup, Tel. +46 72 229 20 71
Stefan Sikander, Corporate Communication Director, OptiGroup, Tel. +46 706 404684

About OptiGroup
OptiGroup, with net sales of EUR 1.0 billion in 2019 and 1,600 employees, is a leading European distribution Group offering customised supply solutions to B2B customers. OptiGroup companies specialise in providing customers, primarily within cleaning & facility management, hotel & restaurant, healthcare, manufacturing industries and the graphical sector, with products and services that streamline operations and promote a more successful business.