FMN | December 24th, 2018

Year In Review ( Cont’d from Page 6)

Rockwall, Texas, which is currently being built. It is this new facility that operates the new Koenig & Bauer-Flexotecnica EVO XG press. Labelink , a Montreal, Canada-based label manufac- turer, acquired the assets and the business of Safety Seal Plastic Inc. , based in Guelph, Ontario, Canada. Since 2004, Labelink has completed six acquisitions. Ultimate Packaging , a UK flexible packaging man- ufacturer, invested in a new Bobst 20SIX CS print press, with further plans to invest in an additional laser perforation machine in January 2019. The new 20SIX CS 8-color press features a downstream unit for film coating with a web width of 1300mm and speed of 500 meters per minute. The press also al- lows Ultimate to print using water based inks open- ing up new markets. Graphic Packaging International , reached an agreement to acquire substantially all the assets of the foodservice business of Letica Corporation , a subsidiary of RPC Group PLC, for $95 million. Progressive Label Manufacturing , Commerce, California, installed a new Mark Andy Performance Series Press. The company is going green with the new P-5 LED/UV technology. Bertram Capital announced the completion of the sale of WH Acquisitions, Inc. , the parent company of Maxcess to Berwind Corporation. Maxcess is a glob- al manufacturer of systems and equipment for web- handling applications. This transaction represented Bertram’s 11th exit since the firm’s launch in 2006. Resource Label Group , a full-service provider of pressure sensitive label, shrink sleeve and RFID/NFC technology for the packaging industry, acquired In- genious Packaging , Toronto, Canada, a labeling so- lutions provider. AWT Labels & Packaging , Minneapolis, Minneso- ta, closed on the acquisition of Citation Clinical La- beling Systems , Hauppauge, NewYork. Overnight Labels , Deer Park, New York, a full-ser- vice, label and flexible packaging printing company, added a 13th press, a new Nilpeter FB 4200. It is an 8-color press with UV and hot air drying for UV and water-based inks.This machine can run labels, shrink sleeves and f lexible packaging, and is ONL’s 6th Nilpeter press. On the occasion of its 200th anniversary last year, KBA went back to its roots and returned to its found- ing name Koenig & Bauer as part of a global brand re- launch. In a continuation of this rebranding, the company changed the names of all of the global busi- ness units, subsidiaries, and agencies to be aligned with this new brand and to better reflect its international (Cont’d on Page 10)


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8 December 24, 2018 Flexo Market News

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