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

Virginia Beach, Virginia, United States

Category Company
Founded 1979
Sector Packaging
DESCRIPTION

Fortis Solutions Group is a provider of pressure sensitive labels, flexible packaging, shrink sleeves, folding cartons, and label applicators. Fortis Solutions Group was founded in 1979 and is based in Virginia Beach, Virginia.


DEAL STATS #
Overall 11 of 19
Sector: Packaging M&A 3 of 10
Type: Add-on Acquisition M&A Deals 11 of 18
State: Utah M&A 1 of 1
Country: United States M&A 11 of 18
Year: 2020 M&A 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.

Buy -
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.

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