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Lamitech acquires Signature Food Boards division of General Die & Diecutting

Thursday, February 04, 2016

Press release from the issuing company

Mountain Lakes, New Jersey – Graphic Arts Advisors, LLC (GAA) is pleased to announce the sale of the Signature Food Boards brand and business to New Jersey based Lamitech, Inc. GAA served as the exclusive advisor to General Die & Diecutting on the sale. 

Adam Reiser, Vice President of Lamitech, noted that “with several FDA approved product lines serving the food industry, including laminated and diecut food boards, the acquisition of the Signature Food Boards line is a natural fit and strategically targeted move for Lamitech.” 

“We are delighted to have found a perfect home for the Signature Food Boards division of General Die & Diecutting” said Mark Hahn, GAA Founder and Managing Director. “The GAA team of Mitch Evans and John Hyde ran a vigorous outreach process to find a buyer for this highly specialized line of printed, laminated and diecut products.” The Vallone family which owns General Die & Diecutting founded the Signature line of food boards to complement the trade business which they retain. Pete Vallone stated, “We are happy that this portion of our family business will continue to grow and thrive under its new owners.”

 

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