M&A Deal Summary

AstroNova Acquires Trojanlabel ApS

On January 12, 2017, AstroNova acquired machinery company Trojanlabel ApS for 64M DKK

Acquisition Highlights
  • This is AstroNova’s 1st transaction in the Machinery sector.
  • This is AstroNova’s largest (disclosed) transaction.
  • This is AstroNova’s 1st transaction in Denmark.

M&A Deal Summary
Date 2017-01-12
Target Trojanlabel ApS
Sector Machinery
Buyer(s) AstroNova
Deal Type Add-on Acquisition
Deal Value 64M DKK

Target

Trojanlabel ApS

Herlev, Denmark
website
Trojanlabel ApS is a manufacturer of products including digital color label presses and specialty printing systems for a broad range of end markets.

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Buyer(S) 1

Buyer

AstroNova

West Warwick, Rhode Island, United States

website

Category Company
Founded 1969
Sector Technology Hardware
Employees339
Revenue 117M USD (2022)
DESCRIPTION

AstroNova is a manufacturer of specialty high tech printing systems and data acquisition systems. Astro-Med, Inc. products include color label printers and consumables sold under the QuickLabel Systems brand as well as rugged printers for aerospace and defense applications and data acquisition products sold under the Astro-Med brand. AstroNova was founded in 1969 and is based in West Warwick, Rhode Island.

DEAL STATS #
Overall 1 of 2
Sector (Machinery) 1 of 2
Type (Add-on Acquisition) 1 of 2
Country (Denmark) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-31 Grass Technologies Products

Middleton, Wisconsin, United States

Grass Technologies Product Group includes clinically differentiated neurodiagnostic and monitoring products, including a portfolio of polysomnography (PSG) and electroencephalography (EEG) systems for both clinical and research use and related accessories and proprietary electrodes.

Sell $19M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-09 Astro Machine

Elk Grove Village, Illinois, United States

Astro Machine is a designer and manufacturer of professional color and monochrome inkjet printers as well as a wide range of media handling equipment for labeling and mailing applications. Astro Machine was founded in 1978 and is based in Elk Grove Village, Illinois.

Buy $17M
Mergr

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