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Hexagon Holdings to acquire Hally Group

Trans-Tasman label converter Hally Group, with subsidiaries Hally Labels (Brisbane, Christchurch, Auckland), AC Labels (Sydney) and Mark-It Labels (Christchurch), is being acquired by Hexagon Holdings.

The acquisition is for 100 per cent of the shares of Hally Group.

The Hally Group, established in 1965, has built significant market positions in fresh food, beverage, manufacturing, shelf stable food, pharmaceuticals, nutraceuticals & horticulture. Hally businesses operate from five sites, employing 235 staff.

Hexagon Holdings currently owns three New Zealand label businesses – Rapid Labels, Panprint & Kiwi Labels. Key markets include wine, thermal, FMCG, laser & pharmacy. Hexagon currently operates from three sites, employing 145 staff.

There are no plans to merge any Hally and Hexagon subsidiaries, the businesses will continue to trade independently and competitively, according to the press release.

Grant Hally, Chairman of the Hally Group, said it was the end of an era, with the business being established by Grant’s parents Ian & Pam Hally. 

“It has been a wonderful 50-year chapter for our family. We’re pleased to see the businesses joining a group of established and successful industry participants”.
Clark Perkins, Director of Hexagon said.

“Hally, AC & Mark-It are impressive and professional businesses, with a deep understanding of the label sector. Hexagon and Hally are highly complementary, and we are excited about the growth prospects of the expanded group”.

Hexagon Holdings, owned by Mercury Capital & Tom Sturgess, is headquartered in Auckland. Post completion, Hexagon will have combined annual sales of NZ$120m.

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