Inovar Packaging Group Acquires Topp Labels
Inovar Packaging Group, a portfolio company of AEA Investors LP, announced the acquisition of Topp Labels. Headquartered in Dallas, Inovar is a leading specialty converter of prime labels, shrink sleeves and flexible packaging solutions serving blue-chip customers within a diverse set of end markets including, among others, health & personal care, sports nutrition/nutraceuticals, industrial products, pet food & supplies, and food & beverage. Inovar’s mission is to serve the needs of specialty consumer and industrial products companies requiring fast response, speed-to-market and dedicated personal service while offering multiple press options and converting platforms with complex decorative capabilities.
Topp, located in Miami, Florida, is a custom manufacturer of pressure-sensitive prime labels and flexible packaging products focused on the client experience of high-touch customer service and speed-to-market to serve the emerging needs of their dynamic customer base.
John Attayek, CEO of Inovar, said, “Topp Labels provides an excellent tuck-in acquisition for our Florida platform in Fort Lauderdale that mirrors our core competencies in high-end Flexographic and Digital prime label and flexible packaging solutions. The addition of Topp’s seasoned sales executives with over 70 combined years in the label industry and experienced production employees, coupled with our excellent staff in Fort Lauderdale, will further bolster our ability to serve the Florida and Southeastern US market with the very best in customer service and label and packaging products to drive their brands”.
The company plans to acquire more prime label and flexible packaging converters in the near future in partnership with AEA Investors SBF LP.
Attayek commented, “We pride ourselves on our ability to meet the demanding quality, service and delivery requirements of today’s fast-paced production and distribution environments. We seek label and flexible packaging companies in combination with business owners and management who align with our culture and overall strategy. We understand the complex needs of growing consumer and industrial products companies and believe there is a large section of this market that is being underserved from a personal service and speed-to-market perspective. Further, we are focused on extending Inovar’s reach into other major prime label markets in the Mid-Atlantic, Central, and Western regions of the country. Expanding into these key areas will enhance our ability to respond quickly to serve clients of all sizes, including enterprise-class organizations with multiple locations.”
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