York Label, a portfolio company of Wind Point Partners, has made two acquisitions: Cameo Crafts, a Canadian maker of high-end decorative labeling and packaging technologies; and Package Service Company LLC, a Kansas City-based pressure-sensitive label company. No financial terms for either deal was disclosed.
YORK Label CEO Rich Egan announced today that YORK has completed the acquisitions of both Cameo Crafts and Package Service Company, LLC. YORK is a leading manufacturer of pressure sensitive labels with locations in El Dorado Hills, California, Omaha, Nebraska, Asheville, North Carolina and York, Pennsylvania. With the acquisitions of these two companies, YORK Label will become a multi-national company, approximately doubling the number of associates and increasing in size from five to 11 state-of-the-art facilities.
Cameo Crafts is an innovative, solutions-oriented leader in high-end decorative labeling and packaging technologies based in Canada and the US. Cameo specializes in the pharmaceutical and wine and spirits markets, and has three facilities in Montreal Canada, one facility in Toronto, Canada, and one facility in Sonoma, California. Cameo Crafts will operate as Cameo Crafts, a YORK Label Company.
Package Service Company (PSC) is a pressure-sensitive label company located in Kansas City, Missouri. PSC specializes in four core markets: personal care, beverages, household products, and food. PSC has one facility, which will become YORK Label, Kansas City.
Simultaneous to the closing of these two transactions, York Label has also purchased a 50% ownership in a joint venture with Marinetti Packaging. The joint venture will operate under the name of Cameo Marinetti and is located in Santiago, Chile.
YORK Label Chief Executive Officer Rich Egan comments, “With the acquisitions of Cameo Crafts, PSC and the 50% ownership in Cameo Marinetti, YORK continues to make immense progress in reaching our goal of becoming a significant global supplier partner to our major customers and markets. Cameo has a history of double-digit organic growth, and all three of these additions to YORK will give us a great edge in our efforts towards generating above-market organic growth. In the future, YORK will continually look to also grow acquisitively by remaining very active in the search for the right add-on acquisitions to this business.”
About YORK Label
YORK Label is one of North America's largest label producers and the third largest producer of prime, pressure sensitive labels in the country. YORK is an industry-leading provider of high quality, innovative labeling technologies to major global consumer goods, pharmaceutical, food & beverage and wine & spirits companies. Headquartered in Omaha, NE, YORK currently has eleven state-of the art production facilities: two in Omaha, one in Asheville, NC, one in York, PA, one in El Dorado Hills, CA, one in Sonoma, CA, three in Montreal, Canada, one in Toronto, Canada, and one in Kansas City, MO. YORK Label also maintains a 50% ownership in the Cameo Marinetti joint venture located in Santiago, Chile. Additional information about YORK Label can be found at www.yorklabel.com.