US-based Fort Dearborn has agreed to acquire NCL Graphic Specialties for an undisclosed sum.
NCL manufactures products such as cut and stack labels and offers a range of competitively priced flexible packaging solutions.
The company developed Advanta-Pak system to produce labels. Its manufactures die-cut labels with in-stock options and pizza labels with anti wrinkling and anti tearing features.
NCL also produces flexible packaging solutions, including frozen food bags, steam food bags, cereal and snack bags and shrink bundling film solutions.
In addition, the firm produces different promotional products, including on package and in package promotions, neck hangers, paper premiums and other point of sale (POS) marketing materials.
Subject to the fulfillment of certain conditions, the deal is expected to complete by the end of this year.
Fort Dearborn CEO Kevin Kwilinski said: “As the largest cut & stack label supplier in North America, the acquisition of NCL would provide us additional capacity and would expand our footprint in the Midwest.
“The proposed acquisition would also enhance our product offering with promotional printing capabilities and enter us into the flexible packaging market.
“As a leader in a very fragmented industry, we are poised for significant growth and will continue to pursue opportunities for consolidation that will deliver value to our customers”
Fort Dearborn distributes a range of label solutions such as cut & stack, pressure sensitive, roll-fed, shrink and stretch sleeve labels.
The company also supplies equipment across multiple printing technologies, including digital, lithographic, flexographic, and rotogravure.
Image: Fort Dearborn to acquire NCL Graphic Specialties. Photo: courtesy of adamr / FreeDigitalPhotos.net.