M&A Deal Summary

Fortis Solutions Group Acquires Kala Packaging

On December 10, 2020, Fortis Solutions Group acquired packaging company Kala Packaging

Acquisition Highlights
  • This is Fortis Solutions Group’s 3rd transaction in the Packaging sector.
  • This is Fortis Solutions Group’s 11th transaction in the United States.
  • This is Fortis Solutions Group’s 1st transaction in Utah.

M&A Deal Summary

Date 2020-12-10
Target Kala Packaging
Sector Packaging
Buyer(s) Fortis Solutions Group
Deal Type Add-on Acquisition

Target

Kala Packaging

Orem, Utah, United States
Kala Packaging is a printer of pressure-sensitive labels and flexible packaging. Offering variable content printing, anti-counterfeit, and security solutions, and food safe flexible packaging including pouches, Kala serves the food and beverage, health and beauty, and nutraceutical end-markets. Kala Packaging is based in Orem, Utah.

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Buyer(S) 1

Buyer

Fortis Solutions Group

Merced, California, United States

Category Company
Founded 2010
Sector Business Services
DESCRIPTION

Fortis Solutions Group provides a differentiated approach by giving customers a powerful advantage in the marketplace through industry-leading lead times, quality control, color management, and solution-oriented approaches. The company delivers a breadth of product offerings utilizing outstanding flexographic, letterpress, offset, and digital printing capabilities. These offerings include pressure-sensitive and shrink sleeve labels, multi-ply coupon, and flexible packaging printing, extended booklet printing, pouches, folding cartons, label applicators, and variable data printing. Formed in 2010, Fortis Solutions Group was and is headquartered in Virginia Beach, VA, and also has manufacturing and sales offices in Austin, TX; Catoosa, OK; Ellington, CT; Flowery Branch, GA; High Point, NC; Kansas City, MO; Lewisville, TX; Marietta, GA; Memphis, TN; Merced, CA; Napa, CA; Orem, UT; West Chester, OH; Whitefish, MT; and Wixom, MI.


DEAL STATS #
Overall 11 of 19
Sector (Packaging) 3 of 10
Type (Add-on Acquisition) 11 of 18
State (Utah) 1 of 1
Country (United States) 11 of 18
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-03 Label Technology

Merced, California, United States

Label Technology, Inc. is a printer of flexible packaging, stand-up pouches, and pressure sensitive labels. Label Technology was founded in 1986 and is based in Merced, California.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-08 Total Label

Whitefish, Montana, United States

Total Label provides complex pressure-sensitive, extended content and booklet labels utilizing flexographic, letterpress, digital and hybrid printing technologies. Total primarily serves the agriculture, health and beauty, nutraceutical, home goods, and food/beverage end-markets. Total Label was founded in 2004 and is based in Whitefish, Montana.

Buy -