FLEXO MARKET NEWS NOVEMBER 4th EDITION - page 3

Flexo Market News
November 4, 2013
3
Label Arts Acquired
By Investment Firm
Label Arts LLC has been acquired by Field Ventures
LLC., a private investment firm based in Northbrook,
Illinois.The label converter, based in Kemp, Texas,
makes a range of label products, including preprinted,
blank, RFID and custom labels, along with hardware
used in a wide variety of settings and applications.
Label Arts specializes in medical and industrial la-
bels, manufacturing products used in settings such as
laboratories and hospitals, warehouses and distribu-
tion centers for healthcare and industrial uses.
Blaige & Co., based in Chicago, Ilinois, advised Label
Arts on the sale. CEO Thomas Blaige emphasizes the
growing consolidation trend in the label industry.
“Blaige & Co. research estimates that 52 percent of
the top 50 U.S. label converters have merged or been
sold since 2001 due to a long-term consolidation
trend,” he said.“Label converters with less than $250
million in sales are gradually losing market share to
their stronger competitors and must consider aggres-
sive M&A strategies, including strategic acquisitions
and selective divestitures.”
MacDermid To Be
Acquired For $1.8 Billion
Platform Acquisition Holdings Limited has entered
into a definitive agreement to acquire MacDermid, Inc.,
a global provider of specialty chemicals, for approxi-
mately $1.8 billion plus contingent consideration. Plat-
form will be renamed Platform Specialty Products
Corporation (PSP). Following the close of the transac-
tion, PSP expects to complete a listing of its shares on
the NewYork Stock Exchange by the end of 2013.
MacDermid is a global specialty chemicals compa-
ny serving more than 3,500 customers in 24 coun-
tries across the electronics, graphic arts, metals, oil
production and drilling and plastics finishing indus-
tries. MacDermid will continue to be operated as a
standalone business by its existing management team
under the PSP umbrella.
FTA Releases New
Plate Mounting Guide
Flexographic Technical Association (FTA) has
launched the newest addition to its FLEXOGRAPHY
101 booklet series, titled
Plate Mounting
. Comprised
of 33-pages,
Plate Mounting
is the fourth in what
will ultimately be a 12-booklet series. Previous install-
ments, released earlier this year, include:
An Introduc-
tion to Flexography
,
Anilox Handling & Care
and
Ink Handling & Maintenance
.
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