Nord Holding’s PPS Group has bolted on Berlin-based decorative product business Klebefieber.de.
Established in 2009, Klebefieber.de offers home decorative products and customised products through its online platform. The business will bolster PPS Group’s existing e-commerce business Bilderwelten.de.
Nord acquired Hamburg-based PPS Imaging in May with the view to grow the business through further acquisitions and targeted operational investments, according to PPS Group’s managing partner Michael Krüger.
He added the company would “benefit from expertise of Nord Holding when it comes to the challenges facing the middle market and the successful execution of corporate transactions.”
At the time of the acquisition, the business employed more than 300 people and had turnover of €40m.
PPS Imaging was founded in 1971 as a photographic laboratory and has since transformed into a provider of large-format digital printing with an online business.