River Associates Investments, a lower middle market private equity firm based in Chattanooga, TN, USA, has announced the acquisition of ID Label, Inc. The transaction closed on November 15, 2024.

Founded in 1994 and based in Lake Villa, IL, USA, ID Label is a manufacturer of variable information barcode labels and warehouse signage for 3PLs and multi-site manufacturers. The company provides design engineering, production, signage and nationwide installation services for warehousing, supply chain, manufacturing, electronics, calibration, medical, laboratory, lumber and library end markets. ID Label’s solutions are used by thousands of global organizations to keep businesses moving with efficiency, speed and accuracy.

“Throughout the process, River Associates consistently emerged as our top choice,” comments Neil Johnston, founder of ID Label. “I’m thrilled they saw ID Label’s value and growth potential. We will expand our capabilities and market reach, allowing us to better serve our customers. Most importantly, we will maintain our strong ID Label brand, preserving the quality and reputation we’ve built over the past 30 years.”

Meanwhile, CCL Label Montréal, a subsidiary of CCL Industries, has officially opened its new 44,000-square-foot building in Saint-Bruno-de-Montarville, entirely dedicated to label production.

Among those in attendance for the opening on November 28 were Antoine Krahenbuhl, general manager of CCL Label Montréal, Geoffrey Martin, president and CEO of CCL Industries, and Nancy Cormier, City Councillor for Saint-Bruno-de-Montarville. This event is a milestone in the company’s history, coinciding with the 40th anniversary of CCL’s operations in Québec and the 20th anniversary of the acquisition of Graphiques Apex.

Previously owned by WETSTYLE, the new building has been totally renovated and transformed to better accommodate CCL Label Montréal’s operations. The company’s infrastructure now totals 120,000 square feet. The last expansion work was completed in 2013.

Here are the highest-trafficked news items from the week ending on December 6, 2024:

1. River Associates acquires ID Label Inc.
2. CCL Label Montréal opens new facility
3. Beontag teams with Michelin to launch ‘smart tires’
4. OMNI Systems touts benefits of domestic label production
5. Flint Group expands manufacturing capability in India