Polaris and Sealing System enter partnership

Polaris acquires a majority shareholding in Sealing System, which is a leading Scandinavian supplier of full-scope automated packaging and palletizing lines as well as intralogistics with around 155 employees, headquarters in Grindsted, Denmark, and presence in Norway and Belgium. The company was established in 1998 and 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 market for Sealing System’s solutions is expected to grow in the coming years with particularly high growth rates in Denmark and a number of European markets, where more companies are focused on establishing automated production to simplify their supply chain, increase efficiency and mitigate higher salary costs. Sealing System has unique positions of strength within the food industry and industrial production as well as a rapidly increasing activities within the pharmaceutical industry and bioproduction of sustainable protein where the company has developed an internal logistics solution for commercial insect production in close cooperation with ENORM Biofactory.

In connection with the transaction, Sealing System will strengthen the board of directors with significant competencies in industrial production with the appointment of board professional and previous CEO of SFK Leblanc and Tetra Pak Hoyer Equipment, Ib Nykjær, as chair.

”Polaris shares our great ambitions for Sealing System and will contribute to the development of the company, enabling us to become truly leading in our field by focusing on our good customers and seizing the great opportunities in growth areas within the pharmaceutical industry and production of sustainable food such as insects. We look forward to driving this development with Polaris and our fantastic employees,” says Kjeld Østergaard Jensen, Sales director and co-founder of Sealing System.

The ownership change does not entail changes to daily management or organisation, and existing customer relations are not affected. The parties have agreed not to disclose the purchase price.