LGInternational Signs Agreement to Acquire United Colours, Penang Malaysia
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6700 S.W. Bradbury Court
Portland, OR, 97224
Press release date: December 10, 2007
Portland, OR, December 10, 2007 - LGInternational, manufacturer of advanced labeling solutions, today announced that LGInternational has signed a definitive agreement to acquire United Colours, a Malaysian manufacturer of labels and die cut components. The acquisition is expected to be final within 60 days, subject to closing conditions.
United Colours was incorporated in 1995 and has established itself as a leading manufacturer of labels, gaskets, thermal pads, and insulators for electronics, controlled environments and consumer goods. The majority of United Colours customers are located in Malaysia and throughout other parts of Asia.
United Colours will join Wuxi, China as the second Asia facility operating under LGI's international division of LGI Technology. "We feel very fortunate to be adding United Colours to further expand our presence in Asia," states Mike Martin, President of LGInternational. "The depth of knowledge and capabilities of this operation will be particularly invaluable to our current and future customers in SE Asia."
LGInternational develops advanced labeling solutions for the most demanding markets, including semiconductor, storage media, life sciences, and electronics. Established in 1978, LGI's products are used by companies throughout the world for applications such as product identification and decoration, product assembly, product packaging and security. A strong commitment to research and innovation, uniquely positions LGI to contribute to the quality and profitability of its customers through the discovery of new and better ways of using materials and technology to solve tough problems.
LGInternational Headquarters 1-800-345-0534 www.lgintl.com
LGI Technologies (Wuxi) Ltd. 0510-82113720 www.lgintl.com.cn
Jean Roque Vice President, Sales and Marketing LGInternational www.lgintl.com 503-620-0520