Romanian firm MG Tec Industry is planning to invest some €80 million in constructing a new tissue...
Fortis Solutions acquires Infinite Packaging Group
Fortis Solutions Group LLC, a portfolio company of Main Post Partners, is pleased to announce the acquisition of Infinite Packaging Group, Inc., a portfolio company of Svoboda Capital Partners LLC.
Infinite, with facilities in Lewisville, TX and Catoosa, OK, is a full-service converter of label products, including pressure sensitive labels, shrink sleeves and complementary products and services. Infinite serves a diverse group of clients in several consumer vertical markets including consumer products, retail, food and beverage, nutraceuticals and health and beauty. In addition, the Company has developed a specialized line of products and solutions for e-commerce sales.
Fortis President and CEO John O. Wynne, Jr. commented, "I have long admired the Infinite organization and it's go-to-market strategies. We are excited to partner with Infinite CEO Lynn Higgs to continue building upon their success. This acquisition is a wonderful opportunity to grow our presence in the Texas market and establish a presence in Oklahoma. In addition, we will be bolstering our strength across product offerings and key vertical markets. We welcome the Infinite employees and customers to the Fortis organization."
Infinite CEO G. Lynn Higgs added, "We are thrilled to join forces with Fortis CEO, John Wynne, and the entire Fortis team. This will be a powerful business combination that will provide access to a national footprint and allow us to bring added capabilities to our customers. The customer-focused approach of Fortis is a great cultural fit with what we have been building over the years."
Employing over 550 employees across 12 sites, the company intends to continue its pursuit of attractive acquisitions to further the breadth of product offerings and locations which can serve its customer base.