August 18, 2021 – Lexence assisted Standard Investment with the acquisition of the “Automated Packaging Solutions” business of Quadient. The activities of Sparck Technologies include the development, production and sale of automated packaging machines for major international e-commerce companies, such as Bol.com CDiscount and Blokker. With the machines, boxes for shipments to customers are made exactly to size. Sparck Technologies already developed innovative packaging machines for web shops in 2014, which use much less cardboard and plastic filling material, contain less air and significantly reduce transport costs. More than 200 people work at the headquarters in Drachten, the production location and the office in the United States.
Sparck Technologies currently has a turnover of approximately €40 million. In the coming months, Standard Investment wants to transform the company into an independently operating technology company, with large and well-known companies as customers worldwide. Standard Investment mainly sees great growth opportunities in the American market, because they believe Sparck Technologies has a technological lead.
Corporate / M&A
Quadient is a French multinational and is listed in Paris. It claims to be the global market leader in mail and parcel processing solutions and wants to focus on these core activities.
Originally from Amsterdam, Standard Investment is a North-West European oriented investment company with offices in Amsterdam, Brussels and Stockholm, which focuses on ‘hands-on’ investments in medium-sized companies. Founded in 2004, the firm operates from a philosophy of direct involvement in the companies in which it participates. Standard Investment has participations in, among others, ACE (films for medical applications), Aweta (fruit sorting machines), Burger King Netherlands, HSWT (producer of sweeteners) and Riedel (fruit juice producer of, among others, Appelsientje). With a team of approximately 20 professionals, it manages a portfolio of 18 companies, spread over 4 countries, with approximately 5000 employees and a cumulative turnover of almost €1 billion.