Trade Resources Industry Views Fort Dearborn Acquires Shrink and Stretch Sleeve Labels Provider Sleeveco

Fort Dearborn Acquires Shrink and Stretch Sleeve Labels Provider Sleeveco

Fort Dearborn Company, a manufacturer of decorative labels for packaging applications, has acquired shrink and stretch sleeve labels provider SleeveCo, for undisclosed amount.

SleeveCo has one label production plant in Dawsonville, Georgia, US. It employs approximately 125 associates.

Fort Dearborn president and CEO Jeff Brezek said: "With the addition of SleeveCo, we will have increased capacity as well as enhanced capabilities to provide our customers more production options and increased flexibility."

Fort Dearborn expects the acquisition to expand its solutions offering to include additional shrink sleeve capacity as well as stretch sleeve, mid web gravure printing and cylinder engraving capabilities.

SleeveCo CEO Martin Wilson said: "SleeveCo is a key supplier in the shrink and stretch sleeve market with a reputation for delivering innovative solutions, making it an excellent fit for Fort Dearborn."

With the acquisition, SleeveCo will become a wholly owned subsidiary of Fort Dearborn.

Brezek added: "As a platform company positioned for growth, we will continue to pursue strategic acquisitions that broaden our product and service offerings and further increase the value we can provide to our customers."

Illinois-based Fort Dearborn supplies decorative labels solutions including cut & stack, pressure sensitive, roll-fed and full body shrink sleeve labels across multiple printing technologies including digital, lithographic, flexographic, and rotogravure.

It serves the beverage, food, household products, paint and coatings, personal care, private label/retail and spirits markets.

Employing approximately 1,550 associates, the company has fourteen operating divisions in North America.

Source: http://www.packaging-business-review.com/news/fort-dearborn-acquires-shrink-and-stretch-sleeve-labels-provider-sleeveco-030616-4912298
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