Morgan Stanley CP-backed AWT Labels & Packaging to acquire Label Innovation.

Morgan Stanley Capital Partners-backed AWT Labels & Packaging, a provider of labeling and printing services, agreed to acquire Label Innovation, a provider of labeling and printing services to the health care, food and beverage, personal care, household, specialty and industrial markets. Financial terms were not disclosed. ​“We are very excited to partner with Label Innovation as we continue to add highly complementary capabilities and talent to the AWT platform. Kelly Youngdale and the Label Innovation team have created a unique client experience through sophisticated and highly engineered products that solve complex needs in the healthcare industry and other similar end markets that we support today. We believe there is significant value for our collective customer base as we work to unlock the engineering depth and capabilities across AWT," Bruce Hanson, AWT CEO.