Copenhagen-based mid-market private equity investor Polaris has acquired a majority shareholding in Sealing System, a Scandinavian supplier of intralogistics and full-scope automated packaging and palletizing lines.
Established in 1998 in Grindsted, Denmark, Sealing System offers complete, automated end-of-line and intralogistics solutions, which optimise processes and production while ensuring efficient track & trace functionality, data capture and integration to customers’ IT systems.
The company has generated average annual revenue growth of 25% since 2019 and reported revenue of more than DKK 200 million in 2022 with an operating profit of DKK 20 million.
In connection with the transaction, Sealing System will strengthen the board of directors with significant competencies in industrial production. Ib Nykjær, a board professional and previous CEO of SFK Leblanc and Tetra Pak Hoyer Equipment, will join the board as Chair.
Sealing System covers the full process from layout and project management to installation and subsequent service of the solutions, which are based on third-party products from well-reputed robot manufacturers and suppliers of automated packaging machines as well as own palletizing machines.
Sealing System has around 155 employees at its facilities in Denmark, Norway and Belgium.
