Wackes acquires Finnish Logonet PromotionNiklas Bågesjö
Wackes is one of Sweden’s leading companies in product media.
Logonet Promotion is one of Finland’s leading product media companies with great expertise in sales and loyalty-driven campaigns.
“The acquisition of Logonet Promotion strengthens us in campaign marketing and will make our range more complete,” says Wackes’ CEO Thomas Davidsson.
“For our international customers, this means that we can give our customers a better service globally. Through Wackes co-ownership of Prominate, our customers gain access to more than 70 offices worldwide, says Logonet Promotions CEO Lauri Hulkko. We have been working with Wackes for many years and know that our customers are in good hands, Lauri continues. ”
The acquisition will take place on September 1, 2019.
Wackes AB works with total solutions within product media, products that communicate customers’ brands three-dimensionally. The goal is to create product ranges that become part of people’s lives, thereby strengthening brands. Wackes has around 40 employees in Borås, Malmö, Stockholm, Oslo, Atlanta, Shanghai and now in Helsinki. Wackes is a partner in Prominate, www.Prominate.com, which is a global Joint Venture with more than 70 offices around the world. Wackes is ISO-9001/14001 certified and is a member of the UN Global Compact. Sales after the acquisition are estimated at approximately SEK 150 million.
For more information:
Thomas Davidsson CEO, Wackes
Phone: 070-899 85 11
Lauri Hulkko, CEO of Logonet Promotion
Phone: +358 50 064 6456