Setterwalls has advised Hortus Group in connection with the acquisition of TK-Pac

Setterwalls has advised the investment company Hortus Group AB in connection with the acquisition of TK-Pac Aktiebolag.

TK-Pac is a strong player in the packaging industry, offering complete solutions for cardboard packaging – from printing and die cutting to gluing finished products. The company has a diversified customer base with around 150 regular customers in industries such as food and engineering. Its modern machinery and high production capacity enable both small and large print runs, which, combined with the company’s focus on sustainability, has helped to position the business well for the future.

Hortus Group is a Helsingborg-based investment company focused on developing and streamlining Swedish growth companies. Hortus was founded in 2017 and plays an active and operational role as an owner with the aim of building profitable, growing companies without short-term exit strategies. The deal creates new opportunities for TK-Pac to grow further, both through new investments and through support in strategic and operational work.

The sellers will remain co-owners of the business together with Hortus through a jointly owned company.