Label maker Fort Dearborn Co. has acquired AC Characterization and its two divisions, St. Louis Litho and St. Louis Pressure Sensitive, makers of labels for ability beer, liquor and aliment bottles.
Fort Dearborn, based in burghal Chicago, acquired St. Louis County-based AC Characterization from Emigrant Capital Corp., the clandestine disinterestedness accessory of New York-based Emigrant Bank. Terms of the auction were not disclosed.
AC Characterization has 200 advisers in St. Louis County, Louisville, Ky., and Provo, Utah. Its St. Louis County facility, at 6880 Heege Road, has 107 employees. In accession to cooler and aliment labels, the aggregation additionally makes labels for bloom and adorableness products.
“The accretion of AC Characterization enhances Fort Dearborn’s administration position in the adorning characterization exchange by adorning our geographic footprint, capabilities and bazaar penetration,” Fort Dearborn CEO Jeff Brezek said in a statement.
The AC Characterization accretion is the additional accretion back Denver-based clandestine disinterestedness close KRG Capital Partners became Fort Dearborn’s better broker in 2010.
AC Label’s CEO Jack Rosen is abrogation the aggregation to accompany added career opportunities, KRG admiral said, but no added administration changes are accepted accompanying to the sale.
“There are no changes planned” for the St. Louis operations or workforce, said KRG Managing Director Chris Lane.
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