I.D. Images has acquired the assets of Chicago, Illinois-based label converter Specialty Tape & Label. Terms of the transaction were not disclosed.
Specialty Tape & Label is I.D. Images¡¯ second acquisition in the past year, and enhances the company¡¯s capabilities with digital printing as well as unique multi-web handling for combination forms, coupons and integrated cards. The acquisition also enlarges I.D. Images¡¯ distribution network to meet demand of variable information labeling media products in the region. These capabilities align with the converter¡¯s long-term focus on higher value growth segments like healthcare, food, electronics, chemical and consumer durables.
Brian Gale, president of I.D. Images, said: ¡®We¡¯re very excited about the acquisition as it will provide our collective customer base with a host of new capabilities, products and services to better serve their customers. Specialty Tape & Label has a history of providing unique solutions to technically challenging applications. Both companies share a ¡°customer first¡± approach to business. We look forward to working with Al, Ken and Rick Paveza and the team at Specialty Tape.¡¯
I.D. Images will maintain operations at the existing Specialty Tape & Label facility and expects to expand product lines distributed out of that facility. |