Renzenbrink & Partner advises the Optimum Group on the acquisition of the HP Group

Renzenbrink & Partner advised Optimum Group Germany GmbH, a subsidiary of Optimum Group B.V. (“Optimum Group”) and a portfolio company of IK Partners VIII Mid Cap Fund (“IK”), on the acquisition of HP-Etikett GmbH & Co KG (“HP Group”).

The HP Group is a supplier of self-adhesive labels based in northern Germany with a particular focus on the food industry.

The Optimum Group, headquartered in Alkmaar, the Netherlands, is a leading manufacturer of labels and flexible packaging solutions in Northwest Europe. With the acquisition of the HP Group, the Optimum Group expands its presence in Germany and offers in particular specialty labels, as well as printed and unprinted self-adhesive labels, tapes, shrink films, banderoles, multilayer labels and flexible packaging. The Optimum Group currently comprises 19 group companies in the Netherlands, Belgium, Germany and Denmark and employs more than 900 people.

The acquisition of the HP Group is the third add-on of the Optimum Group in Germany that Renzenbrink & Partner has advised on.

Renzenbrink & Partner advised Optimum Group on the acquisition of HP Group with a team consisting of partners Dr. Niels Maier and Christopher Blumenthal as well as associates Dr. Alexander Haunschild and Dr. Andreas Sandberger (all Corporate/Private Equity).