Press release from the issuing company
STOW, Ohio – Mactac®, a LINTEC Company, is acquiring Label Supply, headquartered in Ontario, Canada. Label Supply has been servicing the Canadian roll label market for more than three decades.
The acquisition is expected to close June 1, 2023, and consists of an established, turnkey facility with 11 finishing assets, a comprehensive transportation/shipping fleet, robust laboratory and technical resource group, and an in-house ink partner. With the added support of Mactac, Label Supply benefits from a larger customer base, capital access, information technology, and broad, consistent product supply.
The acquisition expands the geographic reach of both companies in the Canadian market, creating a unique service and product offering that provides specialty products, service, and large quantities to more customers throughout Eastern Canada.
“Label Supply runs a highly successful business that is fast, agile and customer service centric. They excel at meeting small to medium converters’ needs within Ontario, Canada, particularly the greater Toronto region,” said Ed LaForge, Mactac President and CEO. “This acquisition, like others we’ve made within the past two years, will build upon the proven success of Label Supply. We will enhance what they do by broadening service throughout Eastern Canada and providing additional equipment and technology solutions that will also meet the needs of the region’s larger customers.”
Expanding the operational and commercial capabilities of Label Supply, Mactac will invest in the facility’s resources, technology, and equipment, including adding high-volume slitting assets designed for larger material rolls. Mactac will expand product offerings, adding LINTEC high-performance products and others, while ensuring supply stability.
“Adding additional commercial resources, product portfolios and assets to a talented Label Supply team is an exciting opportunity for the Canadian market,” said Kevin Clunie, Vice President of Sales & Marketing for Mactac.
"The way Mactac does business aligns with our business values,” said Jake Rempel, Founder of Label Supply. “We chose Mactac because they have a large international footprint, but they value and appreciate customers and employees. We look forward to being part of the Mactac team and are excited to see Label Supply grow with the support and backing of Mactac.”
Mactac continues to invest and expand within the North American label market through recent asset expansion and strategic business acquisitions, including Duramark Products (formally Ritrama USA), Spinnaker Coating, LLC, CSI – Southern California and now Label Supply. Mactac is committed to delivering the roll label market and its customers enhanced products, services and technology, supply chain continuity, added reliability and unmatched value.
As one of the largest, diversified global pressure-sensitive adhesive (PSA) suppliers, with 16 slitting and distribution sites across North America, Mactac is positioned to provide industry leading service to the North American market. Mactac and its parent company, LINTEC, a global leader in the field of adhesive materials, will continue to heavily invest in R&D, operational enhancements, and market growth.
For more information, visit www.mactac.com.
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