AWT acquires ASL Print FX
Expansion and collaboration set as new goals
AWT Labels & Packaging (AWT), a provider of custom labels, flexible packaging and precision converting solutions for healthcare, consumer brands and technology companies, announced the acquisition of ASL Print FX (ASL).
Operating for over 50 years, ASL provides innovative print solutions to beverage, consumer packaged goods, envelope and promotional markets across North America. Headquartered in Vaughan, Ontario, Canada with United States locations in Napa, California and Winston-Salem, North Carolina, ASL offers a wide suite of printing technologies, differentiated embellishment and unique prototyping capabilities. The business will continue to operate as ASL Print FX, an AWT company.
'We are grateful and thrilled with the opportunity to have the ASL Print FX team become a part of AWT Labels & Packaging,' said Bruce Hanson, CEO of AWT. 'The cultures at both AWT and ASL emphasize trust, expertise, collaboration and customer partnership. We are excited for our teams to collaborate to bring more value to our customers and opportunities for all our employees. The geographic fit between our two organizations, along with the strong leadership team in place should quickly allow us to unlock customer value immediately.'
AWT's acquisition of ASL Print FX complements our key end markets with expanded geographic footprint, printing and embellishment capabilities and an enhanced portfolio of print solutions. ASL's award winning reputation and experienced team further build on AWT's value proposition for existing and new customers.
'We greatly appreciate this opportunity to combine resources with AWT with the goal of building a strong, growth-focused enterprise for the future,' said Charlie MacLean, CEO at ASL Print FX. 'Our management and employees recognize and embrace the dynamic fit that exists between AWT and ASL. The similarity in values, business philosophy and customer focus that we both share were key to making this happen. We truly believe this to be a win-win outcome for both our companies.'
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