Schades
has been sold to one of its suppliers. The Korean company, Hansol Paper Co.
Ltd., which is listed in Seoul are now the majority shareholder in Schades
Holding A/S after the private equity fund Capidea and Danebroge ApS, owned by
Laurids Jessen, has sold its shares.
Hansol
Paper has with the investment in Schades obtained a market share in Europe of
approx. 25%. Schades is the market leader in Europe in the production and sale
of documentation rolls for use in cash registers, credit card machines and
payment systems. Schades also manufactures and sells self-adhesive labels. The
customers are large international chains within the retail, food supply, office
supply and financial service industries.
