OptiGroup acquires Technotape B.V. in the Netherlands

OptiGroup announces today the acquisition of Technotape B.V., a Dutch distributor specialising in self-adhesive tapes and stretch films for B2B customers. The acquisition aligns with OptiGroup's strategy to develop the business portfolio towards leading positions in attractive market segments.

Technotape will become part of OptiGroup's packaging business in the Netherlands and will continue to operate under its current brand Technotape. The acquisition will complement and further strengthen OptiGroup's service offerings for B2B customers active in the manufacturing and DIY sectors. The purchase price has not been disclosed.

Company information

About OptiGroup
OptiGroup, with net sales of approximately EUR 1.4 billion and more than 2,300 employees, is a leading European distribution Group. OptiGroup companies supports more than 100,000 B2B customers, primarily within cleaning & facility management, hotel & restaurant, health & medical care, manufacturing industry and the graphical sector, with products and customised supply solutions that streamline operations and promote a more successful business. The OptiGroup head office is located in Gothenburg, Sweden. More information at www.optigroup.com.

Contact information

For further information, please contact:
Alex de Graaf, SVP, OptiGroup, [email protected] 
Stefan Sikander, Corporate Communication Director, OptiGroup, [email protected]