Kamylon Capital has sold its portfolio company Label World, a digital and flexographic printing company, to WS Packaging Group. Kamylon acquired the assets of Label World in January 2006.
Label World employs digital and flexographic printing technologies to manufacture custom labels and packaging products for end markets such as food, industrial, health and beauty, nutraceuticals, wine and specialty beverage. The company is based in Rochester, NY (www.labelworldusa.com).
During its ownership period, Kamylon Capital completed a complimentary add-on acquisition, invested managerial resources and capital to expand capabilities, and installed a world-class management system.
“The acquisition of Label World by the WS Packaging Group not only validates Kamylon’s original investment thesis but also demonstrates what an operationally focused managerial investing firm can accomplish,” said Richard Spencer, former Chairman of Label World and Partner of Kamylon Capital. “I am proud of the many accomplishments at Label World. The team transformed the business to become an industry leader in lean manufacturing and digital printing, a pioneer of environmentally-friendly TLMI L.I.F.E certified label manufacturing, a many-times winner of PIA’s Best of the Best Workplace award and ultimately an industry profit leader amongst like-sized peers. I look forward to seeing what the team can now accomplish as part of the larger WS Packaging Group.”
Kamylon Capital makes control equity investments in lower middle market businesses. The firm is based in Wellesley Hills, MA (www.kamylon.com).
WS Packaging Group is one of the largest printing and label converting operations in North America. The company has more than 1,900 employees and offers an array of printing and flexible packaging across 22 manufacturing facilities in the US and Mexico. WS Packaging Group is based in Green Bay, WI (www.wspackaging.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 1-10-13
