Divestiture • Packaging

M2S Group Acquires Iconex Labels

On August 26, 2024, M2S Group acquired packaging company Iconex Labels from Iconex

Acquisition Context
  • This is M2S Group’s 1st transaction in the Packaging sector.
  • This is M2S Group’s 1st transaction in the United States.
  • This is M2S Group’s 1st transaction in Georgia.

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M&A Deal Summary

Date August 26, 2024
Target Iconex Labels
Sector Packaging
Buyer(s) M2S Group
Sellers(s) Iconex
Deal Type Divestiture

Target Company

Iconex Labels

Duluth, Georgia, United States
Iconex Labels is a provider of variable information label solutions, serving customers across e‑commerce & shipping, food service, grocery & retail, pharmacy, and other end markets.
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Buyer Overview 1

Buyer

M2S Group

Appleton, Wisconsin, United States

Category Company
Founded 1907
Sector Packaging
DESCRIPTION

M2S Group is a provider of specialty and high-performance coatings for label and film solutions as well as renewable, fiber-based consumer and industrial packaging solutions. M2S’s functional coating solutions are applied to a wide variety of flexible substrates, including products from an FDA-compliant facility. M2S Group was founded in 1907 and headquartered in Appleton, Wisconsin.


Deal Context for Buyer #
Overall 1 of 1
Sector: Packaging 1 of 1
Type: Divestiture 1 of 1
State: Georgia 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 1

Seller Profile 1

SELLER

Iconex

Atlanta, Georgia, United States

Category Company
Founded 2015
Sector Forest Products
DESCRIPTION

Iconex is a low-cost provider of paper receipt solutions that transform business processes to drive profitability, productivity, customer satisfaction, and sustainability. Iconex was founded in 2015 and is based in Atlanta, Georgia.


Deal Context for Seller #
Overall 1 of 1
Sector: Packaging 1 of 1
Type: Divestiture 1 of 1
State: Georgia 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-04 MAX International Converters

Lancaster, Pennsylvania, United States

MAX International Converters is specializes in manufacturing paper rolls and associated products used in print mechanisms for the POS, ATM, kiosk, wagering and other self-service devices. MAX International Converters is based in Lancaster, Pennsylvania.

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