Brand Factory acquires Printley and strengthens its position as Nordic market leader
February 25, 2011
Brand Factory Group, with the private equity fund Scope Growth II L.P. as one of its major shareholders, has signed an agreement to acquire Printley. Printley is one of Sweden’s largest printing houses combining offset, screen and digital printing and is also the largest producer of large sized printing products in Scandinavia. The company has annual revenues of approximately SEK 200 million and employs c. 90 people. The sellers are the four entrepreneurs, i.e. Lars Kjellberg, Peter Kleis, Peter Lagerstedt and Erik Stålbo who will all continue to be active within the company and will together represent c. 10% of the ownership in the combined group.
Printley provides printed information carriers to retail chains, billboards for outdoor use, traffic advertisements and brochures to Sweden's leading retail and consumer companies. Key customers include some of the largest Swedish retail fashion companies such as H&M, Lindex, Gant, Nilson Group and RNB.
Brand Factory Group was founded in 2003 and has since developed into the Nordic region's leading company within its industry. The acquisition of Printley, which is partly financed by the private equity fund Scope Growth II L.P., further strengthens this position.
- "With Printley we enhance our position as the Nordic market leader. We look forward to integrate Printley's resources and expertise into Brand Factory and thereby further improve our customer offering" says Peter Follin, Group CEO of Brand Factory.
- "We look forward to continuing to develop Printley within the Brand Factory Group. Together, we will be able to offer a deeper and broader cooperation with our customers on a Nordic basis," says Lars Kjellberg, CEO of Printley.
Following the acquisition of Printley, Brand Factory will have c. 290 employees and annual revenues of c. SEK 600 million. Brand Factory's main owners are the private equity fund Scope Growth II L.P., the Melanen family and key employees within the group.
For more information, please contact
Peter Follin, Group CEO Brand Factory
peter.follin@brandfactory.se, +46(0)59 41 33 65
Lars Kjellberg, CEO Printley
lars.kjellberg@printley.se, +46(0) 8-555 401 09
About Brand Factory
Brand Factory is the Nordic region's leading company in corporate, trademark and product branding. The company's Nordic and Baltic Sales and Marketing offices offer unique expertise in the areas of project management, production, design and installation. Modern, high-capacity production facilities in Esbo, Sveg, Linköping and Tallinn ensure delivery of high-quality products at competitive prices. The company had sales of c. SEK 400 million in 2010 and employs approximately 200 people.
For additional information, visit www.brandfactory.se
About Printley
Printley provides printed information carriers to retail chains, billboards for outdoor use, traffic advertisements and brochures to Sweden's leading retail and consumer companies. The Company can trace its roots back to the 1950's with the current legal structure and strategy implemented in 2002, when Printley's current owners, four private individuals, acquired the Company. The company is based in Farsta, Stockholm and has c. 90 employees and annual revenues of c. SEK 200 million.
For additional information, visit www.printley.se.
About Scope
Scope Growth II L.P. is a private equity fund that, together with entrepreneurs, invests in building internationally relevant, Nordic-based companies that have unique, commercially-validated business models. As an active owner, Scope partners with management to create companies with internationally scalable platforms that support sustainable growth. Scope currently manages two funds with aggregate capital in excess of 1.2 billion Swedish kronor.
For additional information, visit www.scope.se
