Volati has reached an agreement to acquire the assets of NicEtikett AB, a Swedish label supplier, as part of a strategic expansion of its Ettiketto Group operations in the Swedish market. NicEtikett reported revenue of approximately SEK 35 million in 2025.
NicEtikett provides labels to customers in Sweden and abroad, serving a client base that spans sectors including e-commerce, logistics, and food and beverage. Volati said the transaction will enhance Ettiketto Group's platform in the region by adding a complementary business with an attractive customer portfolio.
Klara Svedberg, CEO of Ettiketto Group, said: "NicEtikett has, in a short period of time, established itself as an interesting player in the Swedish market. It is a business that complements our current platform very well, with an attractive customer base and clear synergies with our operations in Sweden, creating favorable conditions for strong profitability development."
Andreas Stenbäck, CEO of Volati, said: "The acquisition of NicEtikett is a welcome addition to Ettiketto Group, which continues to develop in line with our ambition to build a scalable European platform within label solutions."
This purchase represents Volati's second add-on acquisition within the past twelve months. The company reports that the combined annual revenue added by these recent transactions totals approximately SEK 485 million.
Volati will fund the acquisition using its existing credit facilities. The company anticipates completing the transaction during July 2026.
The deal adds scale to Ettiketto Group's Swedish operations by integrating a supplier that already serves multiple downstream sectors. Management comments emphasize complementary customer relationships and operational synergies as rationales for the transaction.
Details on the specific integration plan, cost synergies, or expected margin improvements were not disclosed in the announcement.