Packaging manufacturer Fortis Solutions Group has purchased US-based pressure sensitive labels and flexible packaging printer Kala Packaging.
Financial details of the deal have not been disclosed.
Based in Orem, Utah, Kala Packaging provides content printing, anti-counterfeit and security solutions, and food safe flexible packaging, as well as pouches.
The company’s solutions are used by customers in various markets such as food and beverage, health and beauty and nutraceutical.
Fortis president and CEO John Wynne, Jr said: “With its fleet of digital presses and top tier flexographic printing technology, Maui Chai and the Kala team have established a national presence in the quick turn labels and flexible packaging markets.
“We are fortunate to join forces with such an outstanding team and are excited to further the value-added offerings we provide.”
Fortis, which is a portfolio company of private equity firm Main Post Partners, employs more than 850 employees across 14 sites in the US.
Following this deal, Fortis plans to continue acquisitions with the aim of expanding footprints and product offerings.
In 2018, Fortis acquired Premier Georgia Printing and Labels and Austin Label Company.
Kala president and CEO Maui Chai said: “Fortis understands the importance of these relationships and will persist in the continual removal of industry barriers that our customers have enjoyed with Kala over the past eighteen years.
“The comprehensive abilities Fortis flows into this partnership complements Kala’s capability inimitably.”