Mactac, a Lintec company, is acquiring Label Supply, headquartered in Ontario, Canada. For over three decades, Label Supply has been a stalwart in the Canadian roll label market.
Expected to close on June 1, the acquisition comprises an established, turnkey facility, replete with 11 finishing assets, a comprehensive transportation/shipping fleet, a robust laboratory and technical resource group, and an in-house ink partner. With Mactac's support, Label Supply is set to benefit from a larger customer base, access to more capital, enhanced information technology, and broad, consistent product supply.
This move also broadens the geographic reach of both companies within the Canadian market, creating a unique service and product offering that delivers specialty products, service, and large quantities to a broader customer base throughout Eastern Canada.
'Label Supply operates a highly successful business that is fast, agile and customer service-centric. They excel at meeting the needs of small to medium converters within Ontario, Canada, particularly the Greater Toronto region,' Ed LaForge, president and CEO of Mactac, explained. 'This acquisition will build upon the proven success of Label Supply, enhancing their reach throughout Eastern Canada and providing additional equipment and technology solutions to meet the needs of the region's larger customers.'
With an aim to expand the operational and commercial capabilities of Label Supply, Mactac plans to invest in the facility's resources, technology, and equipment, including the addition of high-volume slitting assets designed for larger material rolls. The company also intends to expand product offerings by introducing Lintec high-performance products, while ensuring supply stability.
'Adding additional commercial resources, product portfolios, and assets to a talented Label Supply team presents an exciting opportunity for the Canadian market,' Kevin Clunie, vice president of sales and marketing for Mactac, stated.
'The way Mactac does business aligns with our business values,' Jake Rempel, founder of Label Supply, noted. 'We chose Mactac because of their large international footprint, coupled with their value for and appreciation of 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.'
Mactac continues its investment and expansion in the North American label market through recent asset expansions and strategic business acquisitions, including Duramark Products (formerly Ritrama USA), Spinnaker Coating, CSI - Southern California, and now Label Supply. Mactac remains committed to delivering enhanced products, services, and technology, along with supply chain continuity, reliability, and unmatched value to the roll label market and its customers.
As one of the largest, diversified global pressure-sensitive adhesive (PSA) suppliers with 16 slitting and distribution sites across North America, Mactac is well-positioned to provide industry-leading service to the North American market. Both Mactac and its parent company, Lintec, a global leader in the field of adhesive materials, pledge to continue their substantial investment in R&D, operational enhancements, and market growth.
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