Fort Dearborn Company Acquires Renaissance Mark
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ELK GROVE, Ill., June 18 /-- Fort Dearborn Company today announced that it has acquired substantially all of the assets of Renaissance Mark. The acquisition combines the two leading suppliers of "cut & stack" labels and expands Fort Dearborn's scale and presence. With this combination, Fort Dearborn reinforces its leadership as one of the premier label suppliers in North America.
Fort Dearborn Chief Executive Officer Mike Anderson said, "Our customers are demanding greater variety, flexibility, geographic presence and sophistication. Fort Dearborn is in an excellent position to meet those demands today and in the future."
Renaissance Mark capabilities include cut & stack labels and specialty finishing options for leading consumer product companies in the food, beverage, personal care and wine & spirits markets. Fort Dearborn supplies cut & stack, pressure sensitive and full body shrink sleeve labels across multiple printing technologies including digital, lithographic, flexographic and rotogravure.
"The gain in scale will better allow Fort Dearborn to offer our customers unmatched value. As the industry continues to consolidate, we will have the opportunity to provide our full suite of label solutions across complementary markets and deliver the 'one-stop-shop' option our customers are seeking. Customers will also benefit from seamless migration across various label types and print technologies to best match their requirements," added Anderson.
Upon integration, all ten of Fort Dearborn's manufacturing facilities will operate as one company with unified systems, policies and processes. Fort Dearborn's management team is experienced in executing and integrating add-on acquisitions effectively and fully anticipates the addition of Renaissance Mark to be an important contributor to Fort Dearborn's near-term and ongoing success.
"We are excited to bring Renaissance Mark's associates and capabilities on board. As a platform company, we will continue to pursue acquisitions that broaden our offering and provide customers with high-quality products and services," stated Anderson.
About Fort Dearborn Company
Fort Dearborn Company is a leading supplier of high-impact decorative labels for the beverage, food, household products, paint and coatings, personal care and private label/retail markets. Headquartered in Illinois, the company has six operating divisions in North America, employing nearly 800 associates.
About Renaissance Mark
Renaissance Mark is a leading supplier of specialty cut & stack labels for the beverage, food, beverage, personal care and wine & spirits markets. The company has four operating divisions in North America (Bowling Green, KY; Sparks, NV; Leamington, Ontario; and Montreal, Quebec), employing approximately 660 associates.
Source: Fort Dearborn Company
CONTACT: Gwen Chapdelaine of Fort Dearborn Company, +1-847-427-5405, gchapdelaine@fortdearborn.com
Web site: http://www.fortdearborn.com/
