Polaris completed the acquisition of a majority stake in Sealing System.

Polaris, an investment company, completed the acquisition of a majority stake in Sealing System, a supplier of full-scope automated packaging and palletizing lines. Financial terms were not disclosed. “We see great potential in Sealing System, which is a well-run business with skilled employees and a unique position in an attractive market with good growth prospects. The company already supplies some of the largest and most quality-conscious companies in the food industry, the wider industrial production space and within the pharmaceutical segment, and we look forward to cooperating closely with management and employees to reach more customers with Sealing System’s solutions and continue the growth in the coming years,” Allan Bach Pedersen, Polaris Partner.