CS Labels acquired by Asteria Group
Published: 13 October 2021 | No comments yet
Pictured (from left): Operations director Adam James, Digital Labels & Packaging editor David Pittman, and managing director Simon Smith take a closer look at the Xeikon PX3000 previously installed at CS Labels
CS Labels has been taken over by European printing group Asteria.
Born in 1976, CS Labels has grown from a small flexographic and screen printer into one of Europe’s largest digital printers. Based in the UK, today CS Labels is an internationally renowned printing company, particularly as a result of its use of Xeikon dry toner press technology to print and convert digital flexible packaging.
Asteria Group was founded in 2018 following Belgian-Dutch private equity group Waterland investing in Belgian company Accent, which became the starting point of Asteria Group. Since then it has been on a rapid acquisition and growth trail. Headquartered in Belgium, the group consists of companies situated all over Europe, including the Netherlands, Germany, France, Denmark, Spain, Estonia and Finland. Group companies include Accent, Orbo, Digilinck, Vuye and Dejonghe of Belgium, France’s Stickem and Impackt, Dutch companies Profilabel and Eticoll, Germany’s Ero Etikett and Grafiket of Denmark. Fellow Danish company Mantax Etiketter then joined the group, followed by Coreti Etiquetas Adhesivas of Spain. Also part of the group are Finland’s Nordic Label, and Data Print and Estonian Print House, both based in Estonia. CS Labels becomes the group’s first UK-based business.
Asteria Group companies produce labels, flexible packaging and folding cartons, printed using flexo, offset and digital processes.
For CS Labels, joining an alliance of companies with the scale and scope of Asteria Group will allow it to continue to operate its business in line with a family-run ethos but backed by the resources of a multinational group.
CS Labels managing director Simon Smith commented, ‘CS will operate with the same traditional family values, but with added impact, support and resource of the group. Investments in technology, process and people will continue to deliver Asteria Group with undoubted added-value.’
Mr Smith will remain as CS Labels managing director, and will be joined by newly appointed board members Adam James, the company’s operations director, and Paul Humpage, its sales director. Asteria Group is led by CEO Ives Declerck as CEO, and formally of Accent.