US-based company Fort Dearborn has signed a definitive agreement to purchase label printing services provider NCL Graphic Specialties.
Fort Dearborn delivers a complete range of label solutions such as cut-and-stack, pressure sensitive, roll-fed, shrink and stretch sleeve labels, in addition to equipment across multiple printing technologies, including digital, lithographic, flexographic and rotogravure.
Fort Dearborn chief executive officer Kevin Kwilinski said: “As the largest cut-and-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.
“With the anticipated addition of NCL, we’ll have an expanded breadth of products and services to better serve all of our customers.”
The company will have additional facilities in Waukesha and Menomonee Falls in Wisconsin, US.
It will have a total of 17 manufacturing sites across North America.
Kwilinski added: “On behalf of all our associates we look forward to working with the NCL team.
“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 will expand its product offering to include additional cut-and-stack label capacity, promotional printing and packaging services, as well as flexible packaging.
The transaction is subject to certain closing conditions and is expected to conclude by the end of this year.