Schades, a supplier of POS rolls and labels, and subsidiary of Harbour Investment GmbH in Germany, has acquired Hamilton Adhesive Labels (HAL) out of administration.
HAL, a Leicestershire-based private label manufacturer, has been working with brands across the UK and Europe for over 32 years, including some of the largest household brands.
Schades will acquire all assets, including inventory, intellectual property and customer contracts.
Schades intends to make the necessary investments to further strengthen HAL’s competitiveness and expand its sales and manufacturing capabilities.
Jack Hugill, Managing Director of Schades Ltd, said: “We are delighted to welcome Hamilton Adhesive Labels to the Schades family. This acquisition is a significant opportunity to strengthen our position in the label manufacturing market and deliver greater value to our customers.”
Jun Park, CEO of Schades Group, said: “We are very pleased because the Group is implementing a long-term transformation strategy to drive sustainable growth and the acquisition of HAL is a strategic fit, delivering significant synergies with our existing UK operations and strengthening the Group’s label business capabilities.
“We made this acquisition through exceptionally quick process with our own resource and strengths.”
