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Stay updated with the latest news from the financial world, including crypto, stock market trends, and investment insights - Fingreed International

Inovar buys label maker Enterprise Marking Products.

by John M
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Inovar Packaging Group Strengthens Industrial Reach with Strategic Acquisition

In an impactful move within the labeling industry, Inovar Packaging Group has officially acquired Enterprise Marking Products (EMP), a well-established flexographic label manufacturer located in Fishers, Indiana. This strategic acquisition is set to bolster Inovar’s industrial capabilities and solidify its presence in the crucial Midwest market.

Founded in 1989 by Chris and Carol Fread, EMP has built a robust portfolio supplying both pressure-sensitive and non-adhesive labels tailored for various demanding sectors. Their products cater to diverse applications, encompassing industrial containers such as drums and pails, along with food, beverage, and consumer durable goods.

Furthermore, EMP specializes in custom labels, barcodes, and thermal transfer items produced from its International Organization for Standardization 9001-certified facility, ensuring high-quality standards that attract a distinguished clientele, including regional blue-chip companies.

Reflecting on the acquisition, Chris Fread expressed his optimism, stating he feels assured about EMP’s future trajectory under Inovar’s leadership. He has faith in the strategic direction and resources that Inovar will provide.

Jeff Brezek, CEO of Inovar, emphasized the company’s commitment to expanding through acquisitions that align with their values and enhance customer satisfaction. He noted that integrating EMP into Inovar’s framework will enhance flexographic capabilities and offer high-performance labeling solutions that cater to multiple industries.

Now operating from 13 locations across the United States, Inovar’s comprehensive suite includes labels, shrink sleeves, and extended content formats. Meanwhile, EMP will continue its focus on crafting durable custom labels specifically designed for the rigors of industrial applications, bolstering its competitive edge in a rapidly evolving marketplace.

This acquisition follows Inovar’s recent purchase of ModTek, further demonstrating its proactive growth strategy within the labeling sector.

Source: finance.yahoo.com/news/inovar-acquires-label-manufacturer-enterprise-100919315.html

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