IK Investment-backed Optimum Group completed the acquisition of Flexoprint from Capidea Management.

IK Investment-backed Optimum Group, a provider of labels & flexible packaging solutions, completed the acquisition of Flexoprint, a manufacturers of self-adhesive labels, from Capidea Management, a private equity firm. Financial terms were not disclosed. “We are both excited about the collaboration and convinced of the value that FlexoPrint Group will bring to Optimum Group. Through further collaboration, both companies will be able to serve our clients even better. In terms of culture, there is a great fit between the FlexoPrint Group and the Optimum Group and we are confident about the future prospects of the combined group,” Marc van Rijswijk, Optimum Group CFO.