All4Labels Global Packaging Group, a Triton Fund V portfolio company and a leading international label manufacturer and pioneer in digital printing, continues its global growth strategy and its approach to partner up with leading family owned companies in the packaging space.
Today, All4Labels, the Grotto family and Mr. Andrea Cerisara closed the agreement making Rotomet, Italy’s leading Shrink Sleeves supplier, and the Roll-Fed activities of the GPS Group part of the All4Labels family. Terms and conditions of the transaction were not disclosed.
While the so renamed GPS-Rotomet becomes a fully owned subsidiary of All4Labels, Mr. Grotto and Mr. Cerisara, who have founded and developed the business over decades, become shareholders in All4Labels and part of the management team. In full continuity, Mr. Grotto maintains the Chairmanship and Mr. Cerisara continues to run the Roll-Fed and Shrink Sleeves businesses. Adding long years of expertise and market know-how, both will strongly contribute in strengthening All4Labels position in the highly attractive Shrink Sleeve and Roll-Fed segments. The shopping bags division of the GPS group, not part of the agreement, remains under full control and will continue to be managed by the Grotto family.
GPS Label and Rotomet realized a total combined turnover of approx. € 50m in 2019 with its two facilities in Schio, Italy, serving both, local and multi-national customers with Shrink Sleeve and Roll-Fed labeling solutions for the Food & Beverage and Home & Personal Care market.
Adrian Tippenhauer, CEO of All4Labels Group said: “We are extremely pleased and proud to welcome Mr. Grotto and Mr. Cerisara and the entire GPS Label and Rotomet employees as new partners and members of the All4Labels Group. With the new team on board and their world-class manufacturing facilities in Italy, we are strengthening our position in the Shrink Sleeve and Roll-Fed market and benefit from many years of experience in this segment. We are looking forward to continuing the All4Labels success story together. I would as well like to thank our Chairman Romeo Kreinberg and the Triton Team especially Herbert Doleisch and Fabrizio Gualdi for the great support in this transaction. Without their dedication, it would have not been possible to bring this to a success.”
Daniele Grotto, founder and owner of the GPS Group said: “We are utterly pleased to have the opportunity to contribute our labels business to such a globally excellent player in the packaging industry like All4Labels. We reached an extremely important goal that allows GPS-Rotomet to further push its development and growth, leveraging the commercial and industrial synergies offered by being part of a global group.