North American printing and label converting company,WS Packaging Group has announced the acquisition of New York-based full-service printer Label World for an undisclosed amount.
Founded in 1985,Label World develops pressure-sensitive labels and also provides a complete range of custom label solutions beyond basic and prime labels,such as tags and inserts,point of purchase,extended content labels,plow-folds,and pouches and packets.
WS Packaging chief executive officer Rex Lane said Label World aims to minimize the problems and challenges of a competitive marketplace and turns them into opportunities.
"From delivering outstanding print quality to engaging in ongoing improvements in its operations,Label World has an established lean culture that's enabled it to become a market innovator in terms of quality,efficiency,and cost-effectiveness,"Lane added.
Founded more than 45 years ago,WS Packaging is a US-based printing and label converting operations firm.
The company has 21 manufacturing facilities and its majority stake is owned by J.W.Childs Associates,L.P.(JWC),a private equity firm based in Boston,Massachusetts.