US-based label manufacturer Resource Label Group has broadened its portfolio by acquiring label design company New England Label.
The acquisition is in line with Resource Label Group’s continued growth strategy across North America.
Operating from Andover, Massachusetts, New England Label offers flexographic, digital and screen printing for custom label solutions aimed at the food, beverage, health and beauty, industrial, medical and pharmaceutical sectors.
Resource Label Group president and CEO Mike Apperson said: “We are proud to welcome the New England Label team members to the Resource Label family. They have established an impressive business and we look forward to building upon their success.”
The financial details of the deal have not been disclosed.
New England Label is Resource Label Group’s 18th acquisition and will be the company’s fourth location in the Northeast.
Following the deal, New England Label president Steve Dunlevy will continue to hold his position at the company.
Dunlevy said: “Our team has always focused on building strong customer relationships through innovation and addressing the ever-changing needs in the packaging space. I’m excited about this next part of the journey with Resource Label, as their beliefs greatly match our drive to innovate and focus on customer service.”
Resource Label Group provides pressure-sensitive label, shrink sleeve and RFID/NFC technology for the packaging industry. The company is headquartered in Franklin, Tennessee, and employs approximately 1,400 people in the US and Canada.
It is a subsidiary of New York-based private investment firm First Atlantic Capital and TPG Growth, a middle market and growth equity investment platform of TPG.