Main Post Partners LP has announced a strategic investment in US-based labelling and packaging solutions provider Fortis Solutions Group.
Fortis intends to use the investment to expand its value-added product offerings and new technologies.
Also based in the US, Main Post Partners is a private equity firm.
Vegalab US has announced the completion of asset purchase from M&G Farms, Inc. and M&G Packing.
The assets purchased from M&G Farms include 11 acres of real property and 30,000ft² of buildings, while those acquired from M&G Packing include entire equipment, inventory, customers, suppliers, contract rights and intangible property.
Vegalab states that the assets will be substantially enough to create a packaging business.