Add-on Acquisition • Packaging

Fortis Solutions Group Acquires Kala Packaging

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

Acquisition Context
  • 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.

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M&A Deal Summary

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

Target Company

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 Overview 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 Context for Buyer #
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.

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.

Buy -