Industry News

TrojanLabel – AstroNova acquires press manufacturer for EUR 9 million

Source: Trojanlabel

USA • The data visualization company AstroNova acquired the digital press manufacturer Trojanlabel. Via its Danish subsidiary ANI a definitive agreement has been signed to acquire Trojanlabel ApS including digital colour label presses and specialty printing systems. Trojanlabel will operate as an indirect wholly owned subsidiary of AstroNova. The purchase price is approximately USD 9 million, with an additional earn-out potential of approximately USD 5 million to USD 7 million, subject to closing adjustments.

Founded in 2012, Copenhagen based Trojan Labels major brand is QuickLabel suitable for onsite digital colour label printing  The product lines include standalone digital colour label presses; digital colour print station OEM modules for intermediate-volume markets such as print shops, label converters, manufacturers, brand owners, contract packaging and the secondary labels/logistics market as well as an overprinting system. The company also manufactures a table-top system designed for on-demand colour label printing.

Rosina Obermayer

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