Standard Investment to acquire the automated packaging business from Quadient.

Standard Investment, a private equity firm, agreed to acquire the automated packaging business from Quadient, a firm focused on intelligent communication automation, parcel locker solutions and mail-related solutions. Financial terms were not disclosed. “We have been very impressed by the know-how of the organization and the enthusiasm of the employees. The innovating technology they created is unique in its market, capable to generate custom fit-to-size packaging for every e-commerce order, making shipments more efficient, significantly reducing the use of cardboard and plastic filling material and contributing to reducing the carbon footprint of e-commerce deliveries. We look forward to working together with the management team in the coming months on how we can best transform the organization into an independently operating company – corporate carve-outs being one of the focus areas of Standard Investment," Herbert Schilperoord, Standard Investment Partner.