US-based labelling firm Resource Label Group has signed a definitive purchase agreement to buy e-commerce label company StickerGiant.
Founded in 2000, StickerGiant claims to have been of the world’s first online sticker companies.
The Colorado-based company delivers most sticker and label product orders within 24 to 48 hours.
Resource Label president and CEO Mike Apperson said “We are extremely excited to welcome the StickerGiant team into the Resource Label family.
“The culture, business model and enthusiasm that each Giant brings has positioned them as the market leader in the growing e-commerce space.
“We embrace their entrepreneurial spirit and look forward to working with all Giants to build upon their success.”
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By GlobalDataThe deal is expected to close within 30 days subject to customary regulatory approval.
The financial terms of the transactions have not been disclosed.
Resource Label provides pressure-sensitive labels, shrink sleeves, radio frequency identification and near-field communication technology for the packaging industry.
The company offers a range of products for various sectors, including the food, beverage, chemical, household products, personal care, nutraceutical, pharmaceutical, medical device and technology industries.
It operates 19 manufacturing locations across the US and Canada and employs more than 1,500 associates in total.
StickerGiant founder John Fischer said: “I am thrilled to have StickerGiant joining Resource Label to continue the growth of the company.
“They clearly match our passion for our customers and culture in the ever-changing label industry. And they embrace the value our team brings to the e-commerce channel.
“We welcome the resources they provide to accelerate StickerGiant’s growth.”
StickerGiant CEO Beth A Smith said: “We are so excited to join Resource Label.
“Our Giants and culture are everything to us. We are delighted to have Resource Label’s full support for what makes StickerGiant unique and successful.”
In March, Resource Label Group acquired New England Label, a label design company based in Andover, Massachusetts.