Morgan Stanley invests in AWT Labels & Packaging

‘We are thrilled to partner with Morgan Stanley Capital Partners as we enter our next phase of growth,’ said Michelle Zeller, president of AWT Labels & Packaging. ‘With MSCP’s support, expertise, deep industry knowledge, and network in packaging, we plan to expand our current capabilities and geographic footprint while continuing to provide the highest quality products to our customers.’

Eric Kanter, managing director of Morgan Stanley Capital Partners, added: ‘We are excited to partner with AWT and its talented management team. The team has built a phenomenal platform that serves attractive, defensive end markets with best-in-class R&D capabilities. We look forward to building upon the company’s prior success by investing in assets, capabilities, and the management team and continuing to deliver innovative packaging solutions through organic initiatives and acquisitions.’ 

Kanter will become chairman of AWT as part of the transaction.

Headquartered in Minneapolis, MN, AWT is a provider of labels and flexible packaging focused on healthcare, personal care, food, beverage, household, as well as OEM and industrial end markets. Founded in 1976, AWT operates out of three US facilities and holds a top-three market position in the medical device labels and clinical trials labels segments.