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Announced

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Innova Capital completed the acquisition of CheMeS M. Szperlinski from Abris Capital Partners.

Synopsis

Innova Capital, a venture capital firm, completed the acquisition of CheMeS M. Szperlinski, a printing company specialized in self-adhesive and heat-shrink labels production, from Abris Capital Partners, a private equity firm. Financial terms were not disclosed. The Innova’s investment in CheMeS is an element of the strategy of consolidation of the label sector in Central Europe, and another add-on acquisition. “It was to our great satisfaction that we were able to support a Polish, family-run business that has been operating for 25 years, in its ambitious growth plans. Hand in hand with Maciej Szperliński and the key executives we managed to achieve the business goals that we had set at the beginning of our cooperation. We are proud to hand over the company to the new owner who is able to continue the intensive growth of CheMeS," Edgar Koleśnik, Abris Capital Partners Investment Manager.

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