US-based printed packaging supplier Fortis Solutions Group has announced the acquisition of Label Tech, a provider of labels and flexible packaging.
Based in New Hampshire, Label Tech provides pressure-sensitive and non-pressure-sensitive labels and flexible packaging for various markets, including consumer products, food and beverage, and health and beauty.
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The company’s solutions are certified by the International Organisation for Standardisation (ISO).
Fortis president and CEO John Wynne Jr said: “We are elated to acquire Label Tech, one of the premier flexographic and digital converters in the Northeast.
“This acquisition will further our geographic footprint and enable Fortis to provide additional products and solutions to our valued customers.
“I thank Pat Brady for entrusting us with the future of his company. We are looking forward to working alongside the outstanding Label Tech team.”
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By GlobalDataLabel Tech owner Pat Brady said: “I’m thrilled to be teaming up with John Wynne and Fortis Solutions.
“Our business philosophy is very closely aligned, and they are a very high-quality operation.”
Based in Virginia Beach, Virginia, Fortis supplies a range of products in the flexographic, letterpress, offset and digital printing segments.
The company’s product offerings include pressure-sensitive and shrink-sleeve labels, multi-ply coupon and flexible packaging printing, extended booklet printing, pouches, folding cartons, label applicators, and variable data printing.
Fortis employs more than 1,100 colleagues across 16 manufacturing sites.
The company plans to continue expanding its product portfolio and customer reach through acquisitions and facility openings.
In October last year, Fortis announced the acquisition of Quality Tape and Label, a company that provides digital shrink sleeves, flexible packaging and pressure-sensitive labels.
Quality Tape and Label serves the craft beer, nutraceutical, food and health and beauty segments among others.
In the same month, Fortis was acquired by New York-based private equity investment firm Harvest Partners for an undisclosed sum.
