The label printing industry in the Nordics has experienced substantial growth, driven by innovative technologies and increasing demand for customized labels. Companies in this sector range from established corporations specializing in packaging solutions to agile startups offering unique labeling systems. They provide services across various fields, including food, retail, and pharmaceuticals, ensuring products remain compliant and appealing. Furthermore, sustainability is gaining traction within the industry, as businesses adopt eco-friendly materials and practices. This trend aligns with consumer preferences for responsible packaging and labeling, indicating a progressive shift towards greener solutions in the Nordic market.


The list of top investors in the label printing sector showcases a mix of corporate giants and nimble private equity firms, primarily headquartered in Sweden and Finland. Founded between 1906 and 2021, these companies vary considerably in size, ranging from small venture capital firms to large corporations with thousands of employees. In 2024, their investment activities included 1 to 30 transactions each, reflecting a robust interest in nurturing and expanding opportunities within the evolving label printing market. Their strategic investments play a vital role in fostering growth and innovation within this dynamic sector.


Top 16 Label Printing Investors in the Nordics


1. Huhtamaki

  • Website: huhtamaki.com
  • Type: Corporate
  • Headquarters: Espoo, Uusimaa, Finland
  • Founded year: 1920
  • Headcount: 10001+
  • LinkedIn: huhtamaki

Huhtamaki is a corporate investor based in Espoo, Uusimaa, Finland, specializing in sustainable food packaging solutions. Founded in 1920, the company has grown to employ over 10,000 people and serves a diverse clientele, including quick service restaurants and retail operators. Huhtamaki has made several significant acquisitions to strengthen its market position, including the acquisition of Ajanta Packaging in 2018 for $15.5 million, which specifically targeted the pressure-sensitive label market. Additionally, their acquisition of Delta Print and Packaging Ltd. for £80 million further emphasizes their interest in printed packaging solutions, which includes labels. These transactions highlight Huhtamaki's strategic focus on enhancing their capabilities in the label printing sector, alongside their broader packaging initiatives.


2. HL Display - The better shopping experience

  • Website: hl-display.com
  • Type: Corporate
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 2001
  • Headcount: 1001-5000
  • Number of deals in 2024: 2
  • LinkedIn: hl-display-ab

HL Display - The better shopping experience is a corporate investor based in Stockholm, Sweden, founded in 2001. The company is a retail technology provider that specializes in innovative merchandising solutions aimed at enhancing in-store environments and improving customer experiences. HL Display has been actively expanding its market presence through strategic acquisitions. Notably, they acquired werba print & display, which is involved in display solutions, and Kost Klip Manufacturing, a manufacturer of in-store communication solutions. These transactions align with their focus on providing effective display and communication solutions for retailers, which often includes label printing as a key component. Their commitment to sustainability and customization further supports their relevance in the label printing sector, as these factors are increasingly important in retail merchandising.


3. ASSA ABLOY Group

  • Website: assaabloy.com
  • Type: Corporate
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 1994
  • Headcount: 10001+
  • Number of deals in 2024: 21
  • LinkedIn: assaabloy

ASSA ABLOY Group, founded in 1994 and headquartered in Stockholm, Sweden, is a leading security solutions provider specializing in locks, doors, gates, and entrance automation. With a workforce of over 10,000 employees, the company has established itself as a leader in the security industry through numerous acquisitions and a diverse product portfolio. Notably, ASSA ABLOY has made significant investments in RFID technology, which is closely related to label printing. For instance, they acquired a manufacturer of RFID inlays for electronic passports, enhancing their capabilities in smart labeling and security features. Additionally, their acquisition of LUX-IDent, a provider of RFID components, further solidifies their commitment to expanding their RFID technology, which is integral to modern label printing solutions. These transactions highlight ASSA ABLOY's strategic interest in areas that intersect with the label printing industry, making them a relevant investor in this space.


4. EQT Group

  • Website: eqtgroup.com
  • Type: Private Equity
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 1994
  • Headcount: 1001-5000
  • Number of deals in 2024: 30
  • LinkedIn: eqt-partners

EQT Group is a prominent investment firm founded in 1994, specializing in private equity, infrastructure, real estate, growth equity, and venture capital. Based in Stockholm, Sweden, EQT serves institutional investors by managing diverse investment portfolios across multiple sectors and geographies. Notably, EQT has been involved in several acquisitions relevant to the label printing context, including the acquisition of Duni AB, a company that specializes in packaging solutions, which may encompass label printing. Other transactions include the acquisition of Stenqvist and BTX Group, which, while not directly related to label printing, demonstrate EQT's capability and interest in sectors that may overlap with or support the label printing industry. Their strategic focus on growth and expansion positions them as a potential investor in the label printing market.


5. Elanders

  • Website: elanders.com
  • Type: Corporate
  • Headquarters: Gothenburg, Västra Götaland, Sweden
  • Founded year: 1908
  • Headcount: 5001-10000
  • Number of deals in 2024: 2
  • LinkedIn: elanders

Elanders is a corporate investor based in Gothenburg, Sweden, founded in 1908. The company specializes in logistics and printing, offering integrated solutions within supply chain management across various industries, including Automotive, Electronics, and Health Care. Elanders has made significant strides in the label printing and packaging sectors through strategic acquisitions. Notably, they acquired SCHMID Druck + Medien, a company known for advanced packaging and unique print solutions for marketing materials, which aligns closely with label printing. Additionally, their acquisition of Spreckley, a leading automatic stringing facility, aims to enhance their position in the premium packaging market. These transactions reflect Elanders' commitment to expanding its capabilities in the printing and packaging domains, making them a relevant player in the label printing industry.


6. Indutrade Life Science

  • Website: indutrade.se
  • Type: Corporate
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 1978
  • Headcount: 1001-5000
  • Number of deals in 2024: 14
  • LinkedIn: indutrade-life-science

Indutrade Life Science is a corporate investor based in Stockholm, Sweden, founded in 1978. The company is part of an industrial group that focuses on developing and acquiring companies with high technical expertise across various sectors, including technology and industrial products. Indutrade emphasizes long-term relationships with its customers and operates through a decentralized structure, allowing its subsidiaries to maintain independence while benefiting from the group's resources. Notably, Indutrade has made several acquisitions that are relevant to the label printing context, including the acquisition of Verbeeck Packaging NV in December 2014, which specializes in packaging solutions. This acquisition aligns with the label printing industry, as packaging often requires labels for branding and information. Additionally, the acquisition of Topflight AB in June 2012 further demonstrates Indutrade's commitment to expanding its portfolio in related sectors. These transactions highlight Indutrade's strategic interest in areas that intersect with label printing, reinforcing its position as a relevant investor in this field.


7. Altor Equity Partners

  • Website: altor.com
  • Type: Private Equity
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 2003
  • Headcount: 51-200
  • Number of deals in 2024: 6
  • LinkedIn: altor

Altor Equity Partners is a private equity investment management firm based in Stockholm, Sweden, founded in 2003. The firm focuses on enhancing operational efficiency and sustainable growth for its partners through tailored investment strategies and digital transformation solutions. Notably, Altor has been involved in significant transactions within the label printing context, including the acquisition of TRESU Group in 2017, which specializes in high-performance flexographic printing machines. This acquisition highlights Altor's commitment to investing in companies that contribute to the label printing industry. Additionally, Altor has made various investments across different sectors, including technology and consumer products, demonstrating their diverse investment portfolio.


8. Accent Equity


Accent Equity is a private equity firm based in Stockholm, Sweden, founded in 1994. The firm specializes in investments in private Nordic companies, focusing on enhancing the value of its portfolio through strategic management and investment to create sustainable growth and superior returns. Notably, Accent Equity has been involved in several transactions relevant to the label printing industry, including the acquisition of Plockmatic Group in January 2024, which is known for its printing and finishing solutions. Other significant acquisitions include ScandBook Holding in 2006, East.dk ApS in 2021, and Eurowrap Group in 2014, showcasing their diverse investment portfolio across various sectors, including those related to printing and packaging.


9. Creades AB

  • Website: creades.se
  • Type: Venture Capital
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 2012
  • Headcount: 1-10
  • Number of deals in 2024: 1
  • LinkedIn: creades-ab

Creades AB is a Stockholm-based venture capital firm founded in 2012, specializing in long-term value creation through strategic investments in both listed and unlisted companies. The firm collaborates with entrepreneurs and business leaders to enhance business operations and growth potential across various industries, including technology and retail. Notably, Creades AB participated in a significant funding round for Stickerapp, which raised $24 million in November 2019. Stickerapp is involved in the label printing industry, making this transaction particularly relevant to the label printing context. This investment reflects Creades AB's commitment to supporting innovative companies within diverse sectors, including label printing.


10. CapMan

  • Website: capman.com
  • Type: Private Equity
  • Headquarters: Helsinki, Uusimaa, Finland
  • Founded year: 1989
  • Headcount: 51-200
  • Number of deals in 2024: 4
  • LinkedIn: capman

CapMan Oyj is a private equity investment management firm based in Helsinki, Finland, founded in 1989. The firm specializes in private equity, real estate, infrastructure, and natural capital investments, serving institutional investors with diverse strategies aimed at sustainable returns. Notably, CapMan acquired Walki Group Oy in 2007, a company that produces packaging materials, including labels, which aligns with the label printing industry. Additionally, CapMan has been involved in various other transactions, such as the acquisition of Cederroth Intressenter AB and investments in Aste Helsinki and Finlayson, showcasing their broad investment capabilities across different sectors while maintaining a significant presence in the Nordic markets.


11. Addtech Customised Solution


Addtech Customised Solution is a corporate investor based in Stockholm, Sweden, specializing in technical solutions for the manufacturing and infrastructure sectors. Founded in 1906, the company operates through a decentralized model with 150 independent group companies, focusing on sustainable growth and entrepreneurship. Addtech's customers are primarily businesses seeking innovative solutions to enhance their operations. Notably, Addtech has made strategic acquisitions, including Skyltar & Märken Gruppen AB, a leader in signs and traffic safety solutions, which aligns with the label printing context. Additionally, they acquired AVT Industriteknik AB, further expanding their portfolio in industrial technology. These transactions highlight Addtech's potential interest in sectors related to printing and labeling, making them a noteworthy player in the broader context of label printing investments.


12. Superhero Capital


Superhero Capital is a venture capital firm based in Helsinki, Uusimaa, Finland, founded in 2015. The firm specializes in seed funding for software-driven startups in the New Nordics region, providing financial backing and strategic support to entrepreneurs. Superhero Capital aims to empower founders and foster innovation in the technology sector. Notably, they participated in the seed funding round for PrintOnPack.com, which raised $529,884 in July 2021, indicating their engagement in the label printing industry. Additionally, they were involved in the funding of Cloud Factory Jewelry, a company focused on 3D printed jewelry, which showcases their interest in innovative manufacturing solutions. These transactions highlight Superhero Capital's diverse investment portfolio while also demonstrating their relevance to the label printing sector.


13. Stora Enso

  • Website: storaenso.com
  • Type: Corporate
  • Headquarters: Helsinki, Uusimaa, Finland
  • Founded year: 1998
  • Headcount: 10001+
  • Number of deals in 2024: 2
  • LinkedIn: stora-enso

Stora Enso Oyj is a leading corporate investor based in Helsinki, Finland, specializing in the forest industry and renewable materials. Founded in 1998, the company focuses on sustainability and innovation, providing a wide range of solutions including packaging, biomaterials, and wooden construction. In 2022, Stora Enso made significant moves in the packaging sector by acquiring De Jong Packaging Group, the largest independent corrugated company in the Benelux, for approximately €1.02 billion. This acquisition is aimed at enhancing their market share in renewable packaging solutions, which is closely related to label printing. Additionally, Stora Enso participated in a funding round for PulPac, a company focused on replacing single-use plastics, which further emphasizes their commitment to innovative and sustainable packaging solutions. These transactions highlight Stora Enso's strategic interest in the packaging industry, including label printing.


14. Ub Figg

  • Website: ubfigg.com
  • Type: Private Equity
  • Headquarters: Helsinki, Uusimaa, Finland
  • Founded year: 2021
  • Headcount: 11-50
  • Number of deals in 2024: 4
  • LinkedIn: ub-figg

UB Forest Industry Green Growth Fund (UB FIGG) is a private equity fund based in Helsinki, Finland, founded in 2021. The fund specializes in investments within sustainable and resource-efficient forest and bio-based industries, targeting professional investors in Europe. UB FIGG aims to create positive environmental impacts while providing financial returns. In 2024, they participated in several notable transactions, including a venture round for Paptic, a Finnish packaging company focused on sustainable materials, which raised nearly $4.9 million. They also led a €23 million Series A funding round for Paptic, supporting its growth and commitment to carbon neutrality by 2030. Additionally, UB FIGG acquired FiberLean Technologies, which may be involved in innovative material solutions relevant to the label printing industry. Their investment in Notpla, which raised over $26 million, further emphasizes their commitment to sustainable packaging solutions, potentially applicable to label printing.


15. Nalka

  • Website: nalka.com
  • Type: Private Equity
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 2015
  • Headcount: 11-50
  • Number of deals in 2024: 1
  • LinkedIn: nalka

Nalka is a private equity investment firm based in Stockholm, Sweden, founded in 2015. The firm focuses on developing independent companies in the Nordic and DACH regions, providing investment management and strategic support to small- and medium-sized businesses. Nalka emphasizes sustainable growth and responsible ownership, operating with a long-term perspective. One of their notable transactions includes the acquisition of Eson Pac on September 18, 2015, which is a company involved in the label printing industry. This investment highlights Nalka's engagement in the label printing sector, showcasing their commitment to supporting businesses within this field.


16. Duni Group

  • Website: dunigroup.com
  • Type: Corporate
  • Headquarters: Rekekroken, Skåne, Sweden
  • Founded year: 1949
  • Headcount: 1001-5000
  • Number of deals in 2024: 3
  • LinkedIn: duni-group

Duni Group is a market leader in sustainable dining and food packaging solutions, founded in 1949 and based in Rekekroken, Skåne, Sweden. The company specializes in innovative products such as napkins, table covers, and food packaging, catering primarily to restaurants and catering services. Duni Group emphasizes sustainability and circular practices, operating in over 40 markets worldwide. In 2024, Duni Group has made significant strides in expanding its business through acquisitions, including the purchase of Poppies Europe Ltd for 48 million GBP, which will be integrated into their Dining Solutions business area. Additionally, they acquired a 70% stake in Slovenia's SETI, a converter of high-technology tabletop products, further enhancing their capabilities in dining solutions across Europe. These transactions indicate Duni Group's active role in sectors that may intersect with label printing, particularly in the context of food packaging and dining products.



Label Printing Insights: Key Investors in the Nordics


InvestorHeadquarterSizeFoundedDeals 2024
HuhtamakiEspoo, Uusimaa, Finland10001+19200
HL Display - The better shopping experienceStockholm, Stockholm, Sweden1001-500020012
ASSA ABLOY GroupStockholm, Stockholm, Sweden10001+199421
EQT GroupStockholm, Stockholm, Sweden1001-5000199430
ElandersGothenburg, Västra Götaland, Sweden5001-1000019082
Indutrade Life ScienceStockholm, Stockholm, Sweden1001-5000197814
Altor Equity PartnersStockholm, Stockholm, Sweden51-20020036
Accent EquityStockholm, Stockholm, Sweden11-5019944
Creades ABStockholm, Stockholm, Sweden1-1020121
CapManHelsinki, Uusimaa, Finland51-20019894
Addtech Customised SolutionStockholm, Stockholm, Sweden1001-500019061
Superhero CapitalHelsinki, Uusimaa, Finland1-1020157
Stora EnsoHelsinki, Uusimaa, Finland10001+19982
Ub FiggHelsinki, Uusimaa, Finland11-5020214
NalkaStockholm, Stockholm, Sweden11-5020151
Duni GroupRekekroken, Skåne, Sweden1001-500019493


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