Packaging solutions provider Nosco has acquired assets of Knight Packaging Group, a US-based offset folding carton printer, for undisclosed amount.
The acquisition is a part of Nosco’s strategy to add new products and capabilities and boost folding cartons production capacity.
Nosco president Russ Haraf said that the assets acquisition supports its commitment to consistent growth, innovative new product solutions and lean manufacturing.
“In addition, this asset acquisition enables Nosco to expand into new markets, serve new customers and hire new employees located on the south side of Chicago with outstanding work ethics.”
The acquisition will expand Nosco's windowing capabilities as well as add new specialty coatings, and a broader portfolio of materials and decorative features.
The acquired assets will be moved into Nosco’s 94,000ft2 facility in Bridgeview, Illinois, US to expand current printing and finishing capabilities.
The facility has been upgraded and designed to enable operational excellence and cost-competitive manufacturing, the firm said.
Knight Packaging CEO Don McCann said: "The divestiture of the Knight assets to Nosco represents an outstanding opportunity for everyone involved. Customers will enjoy access to more capacity and capability with Nosco.”
Separately, Nosco said it has introduced new flexible blister pack, StretchPak, designed to offer an ultra-tough enclosure.
In addition to maximizing product display, the pack can be used for high-end consumer products, especially when products are sold in multipacks.
The pack’s tamperproof design seals and safeguards the contents and also provides 360° product visibility.
