Advanced Web buys US Converting

Minneapolis-based flexible packaging and label converter Advanced Web Technologies has acquired the assets of US Converting, a fellow flexible packaging converter based in South Elgin, Illinois.

Advanced Web serves the medical device, OEM, prime and specialty product markets, while US Converting is a wide web flexible packaging converter providing products to customers in the consumer packaged goods industry.

Kip Colwell, CEO of Advanced Web, said: ‘With the proven track record and expertise US Converting has in flexible packaging, we believe this merger will add tremendous value to our stakeholders. Our valued customers in both companies will directly benefit from the combined companies capabilities and expertise. US Converting will continue to operate at their current facility in South Elgin, IL. We look forward to working with the flexible packaging experts at US Converting to continue to expand both customer bases in the years to come.’

US Converting general manager Mike Gallagher said: ‘The business philosophies between the two companies are very similar and we anticipate great things to come from this new venture. I believe our employees, customers and suppliers will all benefit with this exciting news. By positioning US Converting with Advanced Web, we will be able to expand our customer base and provide our clients with expanded capabilities from both companies that are second to none.’