Labelink acquires fellow Canadian converter Labelad
Labelink, a label converter based in Montreal, Canada, has acquired Ontario-based Labelad. Led by Labelink president Stephen Bouchard, Labelink assumed management of the Labelad operation on August 3.
According to Bouchard, the acquisition and immediate synergies will result in cost savings in the company's manufacturing of PS, shrink sleeve, roll-fed labels and flexible packaging products. Benefiting the combined customer base is manufacturing support from multiple locations in Quebec and Ontario. The deal also brings the introduction of a wider range of new products into both regions, as well as an increase in both flexo and digital print capacity.
‘These are truly exciting times for Labelink,’ said Bouchard. ‘The future has never been brighter with the combination of best-in-class low cost manufacturing expertise and some of the industry's most innovative product offerings making Labelink a true full-service packagng provider.’
Joe Campbell, formerly Labelad's VP and general manager, is now Labelink's VP of sales.
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