Nordvalls Etikett acquires the label operations of Lexit Group

PIDNews

With the acquisition of Lexit Labels in Norway and Sweden, Nordvalls Etikett strengthens its position on the market and becomes Scandinavia’s leading supplier of labels with an annual turnover of 100 M€  and more than 300 employees within the Nordvalls Label Group.

“We are very happy to welcome Lexit Label’s employees and customers to Nordvalls Etikett, we look forward to working with the teams in Mölnlycke, Kløfta and Trondheim. Nordvalls aims to grow with profitability, where Lexit Labels is an ideal complement to our existing printing facilities in Sjöbo, Bjuv, Nässjö, Bradford (Watermill) and Esslingen (Kölle Etiketten). Just like Nordvalls, Lexit Labels works long-term in close collaboration with their customers. We look forward to future cooperation between our companies and joint opportunities, particularly in the food sector, as Lexit Labels are ISO22000 certified and have a long experience with low migration colors” says Nordvalls CEO, Patrik Jenemark.

“We are delighted that Lexit Labels will become part of Nordvalls with their entrepreneur-driven and long-term owners, Possehl Identification Solutions. Nordvalls is the leading supplier of labels in Scandinavia and together with a strong owner, the company has great opportunities to develop further, which is a security for all employees and customers” says Sjur Skjæveland, CEO Lexit Group.

For more information

Patrik Jenemark, CEO, Nordvalls
patrik.jenemark@nordvalls.se

(+46) 708–120200

About Nordvalls

Nordvalls was founded in 1907 in Sjöbo, Sweden, where production and head office is still located. Nordvalls also has two production units in Bjuv and Nässjö, Sweden. With the acquisition of Lexit Labels in Norway and Sweden, Nordvalls Label Group strengthens its position on the market and becomes Scandinavia’s leading supplier of labels with an annual turnover of approx. 100 M€ and with more than 300 employees. In 2020 Nordvalls acquired English Watermill Press and in 2023 German Kölle Etiketten that are subsidiaries of Nordvalls. Since 2017, Nordvalls has been part of the PID (POSSEHL Identification Solutions) Group, a corporate group within the global marking and identification market.