Resource Label Group has acquired Ingenious Packaging, a leader in the field of innovative labeling solutions. Terms of the transaction were not disclosed.
Located in Toronto, Canada, Ingenious services customers across the food, beverage, health and beauty, spirits, nutraceutical, distribution, tobacco and pharmaceutical industries. Ingenious is fully equipped with flexographic, digital and offset printing capabilities, and the ancillary finishing assets to offer a full breadth of pressure sensitive, cut and stack and in-mold labels as well as shrink sleeves and banding products.
“I am honored to welcome the talented team at Ingenious to our growing family,” says Bob Simko, president and CEO of Resource Label. “Resource Label, with the backing of First Atlantic and TPG Growth, will provide the support to meet both the current and future growth needs of Ingenious’ customers throughout North America, with special focus on our foundation of Canadian customers. As an initial sign of the commitment to Ingenious’ employees, customers and capital expansion strategy, I am pleased to announce that we have placed an order today for a new 17-inch wide Mark Andy P7 flexographic press for the facility.”
Resource Label Group, LLC