Pressure-sensitive adhesives supplier Mactac has acquired family-owned Canadian roll label distributor, Label Supply.
Based in Ontario, Label Supply has been supplying the roll label market for more than 30 years in Canada.
The acquired business consists of an operational facility with 11 finishing assets. It also has a full transportation/shipping fleet, laboratory and technical resource group, and an in-house ink partner.
The acquisition will expand both companies’ geographic presence in Canada.
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The merged entity will provide speciality products and services in larger quantities to more customers across Eastern Canada.
The transaction is expected to be finalised on 1 June 2023.
Neither company has not disclosed the financial terms of the transaction.
Mactac president and CEO Ed LaForge said: “Label Supply runs a highly successful business that is fast, agile and customer-service-centric. They excel at meeting small to medium converters’ needs within Ontario, Canada, particularly the greater Toronto region.
“This acquisition, like others we’ve made within the past two years, will build upon the proven success of Label Supply. We will enhance what they do by broadening service throughout Eastern Canada and providing additional equipment and technology solutions that will also meet the needs of the region’s larger customers.”
Following the acquisition, Mactac has committed to invest in Label Supply’s resources, technology, and equipment to help expand its operational and commercial capabilities.
Mactac is strengthening its position in the North American label market through asset expansion and various acquisitions.
Prior to Label Supply, the company had acquired Duramark Products, Spinnaker Coating CSI in Southern California.
Label Supply founder Jake Rempel said: “We chose Mactac because they have a large international footprint, but they value and appreciate customers and employees. We look forward to being part of the Mactac team and are excited to see Label Supply grow with the support and backing of Mactac.”