US-based printing company The Occasions Group, a subsidiary of Taylor Corporation, has entered an agreement to purchase the assets of Accu Copy to expand its print and packaging footprint.
Based in Greenville, North Carolina, Accu Copy provides flexible packaging products under its AccuFlex division, which develops bio-based packaging films and closures.
The company also delivers commercial print, direct mail and promotional marketing products via its AccuLink division.
Taylor consumer labels business unit president Troy Barnes said: “Taylor is aggressively growing its flexible packaging business and AccuFlex offers an obvious growth opportunity for our Prime Labels & Packaging group.
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“We see a big growth curve ahead for flexible packaging and we’re especially intrigued by what they’re doing in regard to sustainability.”
Launched in 1980, Accu Copy’s AccuLink division can produce dye sublimation products in quantities as low as one.
The business operates an advanced white-label e-commerce fulfilment facility in North Carolina and a range of binding, finishing and direct mail services in-house.
Taylor enterprise leader Nate Mullikin said: “AccuLink is an ideal fit for The Occasions Group.
“It complements our business model perfectly and strengthens our capabilities for our distributor and reseller partners.
The acquisition of AccuFlex and AccuLink is expected to provide The Occasions Group with growth opportunities in several core categories.
The financial terms of the transaction have not been disclosed.
Accu Copy founder and owner Tom O’Brien said: “Taylor has been a valued supplier for us since our founding in 1980 and I honestly can’t think of a better partner.
“Taylor has an entrepreneurial spirit and is privately held, just like Accu Copy, so they’re always investing for the future.”
Based in Minnesota, Taylor is one of North America’s five largest graphic communications companies.
The company employs more than 10,000 client-driven experts across 25 US states and eight countries.