Sectors: Mechanical engineering
Key-industries: Pharmaceutical, paint and coating industry
Acquisition year: 2014
As part of the buy-and-build strategy for the labeling systems division, 100% of the Danish company LSS Labels A/S was taken over in 2014. With the acquisition, POSSEHL Identification Solutions not only created a strong footprint in Scandinavia, but also expanded the expertise in the pharmaceutical sector.
The company, which was founded over 35 years ago, employed 30 people at the time and achieved annual sales of around six million euros. Through many years of quality-oriented work, development and innovation, LSS A/S (Labeling Systems Scandinavia) has positioned itself as the leading manufacturer of labeling solutions in Scandinavia. The focus is on the pharmaceutical industry as well as the paint and coating industry, with LSS systems applying the labels directly to the product, such as bottles, syringes or buckets.
“While we and our companies have so far concentrated on the labeling of packaging and outer packaging, LSS can print relevant data directly onto individual products and thus perfectly complements our portfolio. At the same time, LSS can benefit from the strong service and sales team of the companies that already belong to the PID. “Dietrich Barsch, POSSEHL Identification Solutions