Deals this week: Fortis Solutions, Vegalab US

22 December 2017 (Last Updated December 21st, 2017 09:01)

Main Post Partners LP has announced a strategic investment in US-based labelling and packaging solutions provider Fortis Solutions Group, which intends to use the investment to expand its value-added product offerings, and new technologies.

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.

“Fortis intends to use the investment to expand its value-added product offerings and new technologies.”

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.