Prime Label Group, a label manufacturer in Central and Eastern Europe (CEE), has aсquired 100% stake in Grafoprint, a prominent Romanian printing business. This acquisition allows the Group to expand in the promising Romanian market while exceeding its sales target of €100 million by the end of 2024. The company told the details to AIN.

About Grafoprint 

  • Grafoprint, founded in 1991, is one of Romania’s first private printing companies. The company provides comprehensive label production services, from design to professional printing using top-quality materials. 

  • Specializing in both flexographic and digital printing, Grafoprint produces self-adhesive labels for leading FMCG brands in the cosmetics, household chemicals, and food & beverage sectors.

“I believe that bringing Grafoprint into the Prime Label Group will yield substantial benefits. Being part of a larger network will strengthen its market position and enable purchasing synergies. We’re also eager to expand Grafoprint’s product range with new label types in which Prime Label excels, fostering a productive exchange of expertise,” comments Grzegorz Świderski, CFO of Prime Label.

Acquisition details 

Prime Label Group has acquired a full 100% stake in Grafoprint, strengthening its market position.

  • The Prime Label, with its corporate office in Warsaw,  is one of the top Central & Eastern European labels manufacturers.

  • As part of the private equity fund Innova/6 of the Innova Capital group, the deal marks Prime Label’s sixth acquisition in five years.

  • The current deal is another step in its long-term growth strategy, which strengthens the Group's position as a regional leader in label production. 

Entering the Romanian market will allow significant cost synergies to be realized according to the company.