News
Skanem Group partners with Interlabels
Skanem Group partners with the Indian labelling company Interlabels in order to take part in a growing market in South Asia. Skanem is buying 51% of the shares in Interlabels.
Owner and CEO of Skanem, Olé Rugland, said: ”India is a market with a great potential and rapid consumption growth. Through this partnership, we get access to this exciting market.”
The introduction into India represents a strategically important step forward for Skanem Group. This is Skanem’s first establishment in India, but Skanem already has one factory in Asia, which is located in Bangkok, Thailand. Skanem Bangkok opened its doors in 2007. Rugland said: “Interlabels is today a well run, profitable company. Our aim is to support this profitable growth. We therefore want to build on the existing management and staff on site.
“By partnering with a company that matches Skanem’s corporate culture, we will strengthen the Group’s overall vision and strategy. Interlabels is a professional company with great experience in handling demanding customers and complex orders. They also have competence and a solid knowledge base, which will be extremely useful for the cooperation in India, as well as for Skanem Group worldwide.”
Source: Skanem Group
- If you enjoyed this article, you may also like this: New nutritional labelling for General Mills
See also
Latest news
| |
Your comments (0)
Add your comment
Please login or register to post comments.