FMN | February 19th, 2018

An N.V. Publication FLEX

February 19, 2018

Vol. 20 No. 4

Market News


Serving The Flexographic Printing Industry In Print and Online at

ICG Celebrates 35th Anniversary reported by Greg Kishbaugh

WS Packaging Group Acquired

For exclusive content and breaking news please visit Platinum Equity has experience in the packaging sector and recently owned Mactac, one of WS Packaging Group’s suppliers of pressure sensi- tive materials. WS Packaging Group CEO Dean Wimer is remaining with the company to lead the business. Latham & Watkins acted as legal counsel to Platinum Equity on the acquisition. McDermott Will & Emery served as legal counsel and Barclays as financial advisor to WS Packaging Group. WS Packaging Group, Green Bay, Wisconsin, has been acquired by Plat- inum Equity, who acquired the com- pany from J.W. Childs Associates, L.P. WS Packaging Group provides labels and packaging solutions for the food and beverage, consumer packaged goods and pharmaceutical markets. The company, which primarily markets pressure sensitive labeling products, also provides packaging, shopper promotion and branding solutions that are said to help its customers increase shelf impact, brand consistency and shopper en- gagement for the products they sell to end consumers.

T he Independent Carton Group (ICG), an association of in- dependently owned and operated folding carton compa- nies, is entering its 35th year of service to its members. The group was first formalized in the early 1980s at an airport lounge with a small group of industry leaders; today, the group’s members, independently owned and operated folding carton manufacturers who are not affiliated with a major paper mill, represent a collective $800 million in annual sales. “Much has changed over the years,” said Jay Willie, Executive Director of the Independent Carton Group.“Our membership has grown; we current- ly have 19 companies on our mem- ber roster. We also of fer more programs to our members today than we did 35 years ago, one of the most notable being the group purchasing program that began in the late 1990s.” To celebrate its anniversary, the group has released detailed data concerning the activities of its various members. Vista Color , Miami, Florida, the ICG’s newest member, re- ceived national acclaim when the U.S. Department of Com- merce named it National Minority Manufacturing Firm of the Year for 2017. Last month, following a review process, the U.S. Department of Veterans Affairs certified Disc Graphics , Hauppauge, New York, as a Veteran-Owned Small Business. The ICG also counts among its members several Women’s Busi- ness Enterprises: Accurate Box , Paterson, New Jersey; Dia- mond Packaging , Rochester, New York; and Thoro Packaging , Corona, California.

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