Asteria has become a major player in the European labelling and packaging printing sector, driven by strategic investment from Waterland Private Equity.
With 34 printing plants across Europe, the group offers a raft of labelling and printing services. It has also made significant investments in eco-friendly product development and offers sustainable alternatives for 90% of its products.
Announced earlier this month, the group’s acquisition of Label World follows its acquisitions of Essex-based Compliance Labelling in 2023 and Dublin’s Label Tech in 2024. It also owns Berkshire Labels and Wolverhampton-based CS Labels.
This deal has expanded the group’s European labelling and packaging portfolio while integrating with its existing Ireland-based labelling businesses.
“We are thrilled to welcome Label World into the Asteria Group family,” said Ives Declerck, CEO of Asteria Group.
“This acquisition represents a natural step in our growth strategy, and we are excited about the opportunities it presents for both companies. By combining our strengths, we will deliver greater value to our customers, a broader product portfolio and drive continued innovation in the labelling industry.”
Moore Kingston Smith Corporate Finance advised on financial and tax due diligence. Director Adele Hebditch, who specialises in transaction services, led the team, while a team from Moore Ireland provided tax due diligence on the transaction.
Hebditch said: “It’s always a pleasure to collaborate with Asteria and Waterland in their international expansion efforts. Their exceptional ability to identify and acquire the ideal partners to enhance their solutions and better serve their clients, coupled with their strong commitment to sustainability, are pivotal to their success.
“It’s been extremely valuable working alongside our Moore Ireland colleagues, truly highlighting our extensive cross-border reach and expertise.”
Founded in 1998 by Declan O’Rourke, AA BRC (BRCGS) & ISO 9001 approved Label World specialises in flexo and digital printing, working across industries including pharmaceuticals, food and beverage.
Label World’s team of 28 staff will continue to operate under the same brand and leadership.
