Mactac, a LINTEC Company, is acquiring Label Supply, which is headquartered in Ontario, Canada. Label Supply has been servicing the Canadian roll label market for more than three decades.

The acquisition is expected to close June 1, 2023, and consists of an established, turnkey facility with 11 finishing assets, a comprehensive transportation/shipping fleet, robust laboratory and technical resource group, and an in-house ink partner. With the added support of Mactac, Label Supply benefits from a larger customer base, capital access, information technology, and broad, consistent product supply.

The acquisition expands the geographic reach of both companies in the Canadian market, creating a service and product offering that provides specialty products, service, and large quantities to more customers throughout Eastern Canada.

“Label Supply runs a highly successful business that is fast, agile and customer service centric. They excel at meeting small to medium converters’ needs within Ontario, Canada, particularly the greater Toronto region,” explains Ed LaForge, Mactac president and CEO. “This acquisition, like others we’ve made within the past two years, will build upon the proven success of Label Supply. We will enhance what they do by broadening service throughout Eastern Canada and providing additional equipment and technology solutions that will also meet the needs of the region’s larger customers.”

Plus, Scandstick, a Beontag company, has announced a new senior European leadership team, marking a new phase of strategic growth for the company. The company’s new leadership will be led by a new Managing Director, Tommi Heinonen, who joins from a leadership role at UPM Specialty Paper, and overseen by Mauro Lerner, Beontag’s global vice president of lamination.

Since becoming a Beontag company in 2022, Scandstick has been preparing to make the most of its transition from a leading European manufacturer, to a company that can truly benefit from the resources, expertise, operational oversight and support of a global leader in this industry.

Here are the highest-trafficked news items for the week ending on May 26:

1. Mactac grows business with acquisition of Label Supply
2. Beontag’s Scandstick announces new senior leadership team
3. IDENTCO names Brad Zechman CEO
4. Labelexpo Europe moves to Barcelona in 2025
5. Avery Dennison explores benefits of linerless labels