Zetes is taking over the print and apply activity of Bopack Systems, which specialises in the design, manufacture and production of labelling machines.
The move comes as Zetes aims to build on its offering in this area and increase its geographical cover throughout Europe. It acquired Powersys and MD, two Spanish companies which fall in the same sector, in 2006 and 2007.
Around 30 employees, who are already based in the Bopack Systems offices, will join the existing Zetes teams in Belgium and the Netherlands.
Alain Wirtz, CEO of Zetes, said: “It [the takeover]allows us to expand our offer of print and apply solutions with a significant presence in Northern Europe.
“We are banking on a strong integration within the Zetes group and want to pool the expertise and experience of both companies in order to offer our clients extremely solid and reliable solutions, allowing them to effectively manage their production and their stocks. This acquisition, which will have no significant impact on the balance sheet structure, could be realised quickly thanks to the group’s net cash position”.