Logopak’s outlook is bright: acquisition by Possehl finalized
Logopak GmbH & Co. KG, a leading manufacturer of industrial print and apply labeling systems has successfully finalized a company succession plan with the purchase of Logopak by Possehl Mittelstandsbeteiligungen GmbH & Co. KG, a wholly owned subsidiary of L. Possehl & Co. mbH.
Logopak was founded in in 1978 and is headquartered in Hartenholm, Germany. Employing the best in German engineering, the company designs and manufactures industrial print and apply labeling equipment with a reputation for precision, performance, reliability and full integration with packaging and logistics systems.
According to William Faulkner, President of Logopak Corporation, USA, “The sale has been ongoing for just over a year. For the past several months we’ve been immersed in the purchase process and organizational realignment. With the acquisition finalized, we’re poised to move forward with an exceptional product line, strong quality control, and outstanding technical service.”
The purchase secures Logopak’s future and maintains the brand, the product line, and Logopak’s world-wide network of consulting, sales and service. Under Possehl, a diversified industrial, manufacturing and trading company with a global presence and revenues of nearly € 2.0 billion, the purchase also creates new opportunities for innovation and market growth.
“I’m very excited about prospects in North and South America for applications in packaging, beverage, pharmaceuticals, and logistics” adds Faulkner. “Logopak is now able to offer a truly coherent and integrated product line designed to meet any print and apply labeling need a manufacturer or distributor might have. For example, a new, common operating system across all model series creates tremendous operational flexibility and efficiency for our customers.”
Logopak has developed a robust national sales and technical service network in the US and Canada. For more information please visit www.logopakcorp.com or call 603-283-0304.
About Logopak
For over 30 years Logopak has delivered robust mechanical engineering and compact modular design wherever individual data is applied to packaging or in serial labeling, such as barcoding and product identification. Logopak’s expertise includes the design, development and manufacturing of complete and fully integrated labeling machines, including control and application software, as well as technical service and consumables. Logopak’s primary markets include food and beverage, pharmaceutical, consumer products and automated storage and retrieval systems. Logopak offers a comprehensive product line to meet any industrial print and apply need you may have.
About Possehl
Possehl Group is a diversified industrial, manufacturing and trading company with nine independent, decentralized business clusters. The Possehl Group comprises L. Possehl & Co. mbH as well as 142 subsidiaries in more than 30 countries. The company has approximately 8,800 employees and revenues of almost € 2.0 billion.
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