Advanced Web Technologies Acquires US Converting
MINNEAPOLIS, Minn.—Advanced Web Technologies, LLC announced it has acquired the assets of US Converting, Inc. of South Elgin, Ill. Advanced Web is a pressure sensitive label and flexible packaging converter that serves the medical device, OEM, prime, and specialty product markets. Through mergers and acquisitions, Advanced Web has been doing business since 1976.
US Converting, Inc. is a wide web flexible packaging converter that was established in 1985. As a high-quality printer and laminator, US Converting provides solutions for customers in the consumer packaged goods industry.
“With the proven track record and expertise US Converting has in flexible packaging, we believe this merger will add tremendous value to our stakeholders,” says Kip Colwell, CEO of Advanced Web. “Our valued customers in both companies will directly benefit from the combined companies capabilities and expertise. US Converting will continue to operate at their current facility in South Elgin, Ill. We look forward to working with the flexible packaging experts at US Converting to continue to expand both customer bases in the years to come.”
General manager of US Converting, Mike Gallagher states, “We are very excited about joining Advanced Web. The business philosophies between the two companies are very similar and we anticipate great things to come from this new venture. I believe our employees, customers, and suppliers will all benefit with this exciting news. By positioning US Converting with Advanced Web, we will be able to expand our customer base and provide our clients with expanded capabilities from both companies that are second to none.”
