Announced
Completed
Synopsis
Morgan Stanley Capital Partners-backed AWT Labels & Packaging, manufacturer of custom labels and flexible packaging, completed the acquisition of American Label Technologies, a provider of flexographic and offset printing and RFID converting capabilities. Financial terms were not disclosed. “RFID is definitely a strategic product we’ve wanted to add to our portfolio to continue to bring value-added solutions to our customers. The ALT team not only brings depth in RFID manufacturing expertise, but also has incredible technical knowledge in solving complex customer applications. This combined skill set matches well with our business philosophy, and further adds strength to our enterprise engineering team. Truly excited for this addition to our team,” Bruce Hanson, AWT CEO.
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