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Hexagon Holdings – Hally Group aquired

NEW ZEALAND • Trans‐Tasman label converter Hally Group is being 100% acquired by Hexagon Holdings. There are no plans to merge any Hally and Hexagon subsidiaries, the businesses will continue to trade independently and competitively.

Established in 1965, the Group has built significant market positions in fresh food, beverage, manufacturing, shelf stable food, pharmaceuticals, nutraceuticals and horticulture. Employing 235 staff, Hally businesses operate from five sites with operating subsidiaries Hally Labels (Brisbane, Christchurch, Auckland), AC Labels (Sydney) and Mark‐It Labels (Christchurch).

Hexagon Holdings, owned by Mercury Capital &Tom Sturgess, is headquartered in Auckland. Post completion, they will have combined annual sales of NZD 120 million. They currently own three New Zealand label converting businesses – Rapid Labels, Panprint & Kiwi Labels. Key markets include wine, thermal, FMCG, laser & pharmacy. They are operating from three sites, employing 145 staff.

Armin Karl Geiger

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