FMN | May 13th, 2019

AWT Acquires Citation Clinical Labeling Systems AWT Labels and Packaging has closed on the acquisi- tion of Citation Clinical Labeling Systems, a global pro- vider of clinical labeling since 1963, based in Haup- pauge, NewYork.The business will be owned by AWT and operate under the name of Citation Healthcare Labels. Citation provides clinical trial labels for pharmaceu- tical and biotechnology companies, clinical research organizations, and clinical packagers. The company was founded in 1963 by the family of Richard Bolnick, who will remain as President of Citation, as a diversi- fied distributor of printing and labels. Citation’s products serve mission critical applica- tions by ensuring the accuracy and effectiveness of trials, improving participant safety and helping cus- tomers introduce drugs to the market more efficiently. Both Rich Bolnick, president of Citation, and Fred- erick Youngs, chief operating officer of Citation, will continue in leadership roles with the company and will become shareholders of AWT. The company operates out of a single pharmaceuti- cal and medical grade facility in Hauppauge and em- ploys approximately 100 people.

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