Inovar Acquires The Kennedy Group BY GREG KISHBAUGH
Women In Print Launches Membership Program Women in Print Alliance, an advocate for women in the printing industry and part of PRINTING United Alliance, has launched a new membership program designed to pro- vide enhanced benefits and greater accessi- bility for women at all stages of their careers. The new program aims to foster a supportive community, offer professional development opportunities, and advocate for the advance- ment of women in printing and graphic arts.
Inovar Packaging Group, Irving, Texas, has acquired The Kennedy Group, a premier label and packaging platform with two facilities based in Willoughby, Ohio, and one in Levittown, Pennsylvania. The acquisition is its 10th platform acquisition, and it further expands Inovar’s presence in the Midwest and Northeast regions.
Recognizing the diverse needs and goals of women in the printing industry, Women in Print Alliance has developed a compre- hensive membership structure that caters to students, emerging professionals, and industry veterans alike. Each membership option reportedly offers unique benefits de- signed to support members’ professional growth and career progression and will in- clude a mix of virtual and in-person benefits, with programming focused on topics like career development, executive leadership, and work-life balance. At PRINTING United Expo 2024 in Las Ve- gas, being held September 10-12, Women in Print Alliance will offer even more ways for women in the industry to connect, including at the annual Women in Print Alliance Luncheon, informal meet-ups, and more. More information about the new program can be found at womeninprintalliance.org/ .
The Kennedy Group primarily focuses on serving mid-sized and large accounts in the beverage, agriculture, automotive, food, supply chain, healthy and beauty, industrial, and household industries. It adds capabilities to the Inovar platform that include pressure sen- sitive, roll-fed, and RFID label capabilities. Founded in 1974 by Bert Kennedy and Mary Lou Kennedy, The Ken- nedy Group is led today by Bert and Mary Lou’s sons, Mike Kennedy, Pat Kennedy, and Todd Kennedy. Pat and Todd Kennedy, along with the rest of The Kennedy Group leadership team, will continue to run the business in partnership with Inovar. Mike Kennedy will continue to support The Kennedy Group and Inovar in an advisory role. Greenberg Traurig, LLP served as legal counsel to Inovar, and Me- sirow Investment Banking was the exclusive financial advisor to The Kennedy Group on this transaction.
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www.boardconvertingnews.com
August 12, 2024
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