IDÉ Group Acquires Wackes AB
Creating Europe’s Largest Product Media Distributor
From left: Tomas Olsson (Wackes), Nina Lauritzen (IDÉ), Thomas Davidsson (Wackes),
Lise Lauritzen (IDÉ), Anders Ekvall (IDÉ)
Published 09.10.2025
The Norwegian family owned Product Media company, IDÉ Group , has signed a Letter of Intent (LOI) to acquire Swedish-based Wackes AB, marking a major milestone in the European product media industry. Upon completion, the merger will establish the largest product media distributor in Europe.
With operations already spanning in all Nordic countries, the acquisition of Wackes AB will significantly strengthen IDÉ Group' presence in Sweden and lay a solid foundation for continued expansion across Europe.
“This acquisition is made with
both heart and mind”
"This acquisition is made with both heart and mind", says IDÉ Group CEO Lasse Lauritzen. “Wackes is a company we have always held in high regard. We share similar ways of working, and both companies place customer relationships at the core of everything we do. This merger will secure and safeguard the future for our customers, employees, and partners.”
The merger reflects a shared commitment to innovation, responsible sourcing, and delivering value to customers and stakeholders across the region. It also reinforces the companies’ joint ambition to lead the way in sustainability, product safety, and secure supply chains.
“IDÉ Group is the
ideal partner for shaping the
future of our company"
“IDÉ Group is the ideal partner for shaping the future of our company. Our main shareholders will continue to play an active role and reinvest in IDÉ Group,” says Thomas Davidsson, CEO of Wackes.
The transaction is expected to be finalized in December 2025, subject to customary closing conditions.
About Wackes
Wackes was founded in 1983 in Borås, Sweden. Our ambition was, and still is, to provide high-quality promotional items and product media services to large and mid-sized companies and organizations. The products and services that we provide strengthen our customers’ brands.
Wackes has grown and expanded our operations and customer base over the years. We now have offices in Borås, Gothenburg, Malmö, Stockholm, Helsinki, Oslo and Shanghai.
About IDÉ Group
IDÉ Group is the Nordic region's leading supplier of Product Media to the corporate market. IDÉ House of Brands has 38 years of experience with concept development, design, production and logistics of Product Media and delivers total concepts within uniform / workwear, gifts / internal strategies / HSE, campaign and profiling products, mass concepts, large format, office supplies and printed matter.
For more information, contact:
Lasse Lauritzen
CEO, IDÉ Group
lasse.lauritzen@idegroup.no
+47 90 03 55 33
www.idegroup.no
Thomas Davidsson
CEO, Wackes
thomas.davidsson@wackes.com
+46 (0)708 99 85 11
Lasse Lauritzen, CEO IDÉ Group
(Not present when picture above was taken)