Acquisitions & Moves this week
A brief mention of company mergers and acquisitions during this week…
August 27, 2015
by Canadian Packaging staff
Here are some of the packaging industry acquisitions and moves from the past week:
- Microscan Systems, Inc., an leader in industrial barcode reading and machine vision technology, has purchased the trade and assets of Label Vision Systems (LVS) Inc., a pioneer in label inspection, print inspection, and barcode verification. LVS will be fully integrated into Microscan and the LVS name will become a brand within Microscan’s barcode label verification portfolio.
Established in Peachtree City, Georgia, in 1993, LVS has become a leading provider of label inspection, print inspection, and barcode verification products, solutions, and services for the life sciences and other industries, and is expected to continue an upward trend as its technology enables companies to meet UDI (Unique Device Identification) legislation and to improve product traceability throughout the manufacturing supply chain. LVS’s technology, products, and solutions allow companies to inspect barcodes either off-line or in-line to achieve 100% compliance to UDI and GS1 standards. LVS is known for technology leadership and will benefit from being part of Microscan’s global network as it looks to accelerate growth outside of North America.
More information about LVS can be found at www.lvs-inc.com and more on Microscan at www.microscan.com/products/barcodeverificationsolutions.aspx.
- Ardent Mills, the premier flour-milling and ingredient company, announced its intent to acquire the Mondelez Canada flour mill located in Mississauga, ON. The mill produces hard and soft wheat flour for its Canadian bakeries and a number of food manufacturing customers. The details of the transaction were not disclosed, but is expected to close in the next few weeks.
According to Ardent Mills, the Mississauga mill will add to its capabilities to serve food manufacturers across Canada, and will support Ardent Mills’ vision of being the trusted partner in nurturing its customers, consumers and communities through innovative and nutritious grain-based solutions. The more than 30 existing team members are expected to join Ardent Mills when the transaction closes.
Ardent Mills also has milling operations in Saskatoon and Montreal, as well as a bakery-mix facility in Burlington and an administrative/sales office in Brampton, ON.
To learn more about Ardent Mills, visit www.ardentmills.com.
- Qosmedix, a global supplier to the cosmetic, skin care, spa and salon industries, has officially moved its corporate headquarters and warehouse to Ronkonkoma, NY. The new 95,000-square-foot climate-controlled facility is equipped with an ISO Class 8 Clean Room and will combine its two divisions, Qosmedix and Qosina, under one roof. The new building layout offers enhanced operational efficiencies that will support continued growth of the company.
Company information available at www.qosmedix.com.
- The Advertising Production Club of New York, the leading non-profit New York advertising industry trade organization, has announced a strategic corporate partnership with Scodix Ltd., a leading provider of digital enhancement solutions for the graphic arts industry.
Using Scodix SENSE technology, creative and design professionals all over the world are applying high-quality digital enhancements that make printed products such as packaging, promotional, corporate collateral, yearbooks, albums and annual reports and more uniquely stand out.
“Scodix represents one of the most innovative technologies to come out of the printing business in many years. We simply couldn’t be happier that we formed this partnership with a company who is impacting our industry in such a ground-breaking way and we look forward to working together to help educate our industry and foster our charitable endeavors together to help students across the NY tri-state area with college scholarships,” states APC-NYC president, Paul Nicholson.
For more information, visit www.scodix.com.