Pro Mach Acquires Labeling Systems, Inc.
March 19, 2008
Pro Mach, Inc. announced today that it has acquired Labeling Systems, Inc., better known as LSI, a leading designer and manufacturer of pressure sensitive labeling equipment. New Jersey-based LSI will become a division of Pro Mach's Identification and Tracking Business Unit.
With the acquisition of LSI, Pro Mach expands its comprehensive portfolio of labeling, coding and marking solutions. LSI designs and manufactures turnkey systems for labeling of beverages, pharmaceuticals, nutraceuticals, cosmetics and other consumer and industrial goods. Over 30 years, LSI has developed a reputation for engineering and manufacturing excellence. Leading companies have grown to rely on LSI's high quality labeling systems to apply pressure sensitive labels to their products and packages.
"We're pleased to welcome the LSI team, including its distributors and agents, to Pro Mach," said John W. Paxton, Sr., Pro Mach Chairman and CEO. "We look forward to serving their customers and continuing LSI's tradition of design and manufacturing excellence."
Jack Roe, LSI Executive Vice-President and General Manager, will join Pro Mach and continue to guide the new division as Vice-President and General Manager. He will report to Bob Zuilhof, President of Pro Mach's Identification and Tracking Business Unit.
"LSI complements Pro Mach's existing identification and tracking portfolio and enhances our capabilities to provide standard and highly engineered labeling solutions," said Mr. Zuilhof. "Our combined expertise and wide range of equipment allows us to serve nearly any labeling, identification and tracking need for customers who rely on us for quality products and services."
"LSI's focus has always been providing our customers the best equipment solutions," added Mr. Roe. "We're excited about joining Pro Mach. We look forward to continuing our tradition of engineering and manufacturing excellence established by founder Ted Zaccheo."
For more information on LSI, visit their website at www.labelingsystems.com.
About Pro Mach
Pro Mach is a leading provider of integrated packaging products and solutions for food, beverage, household goods, pharmaceutical, and other diverse consumer and industrial companies. Through three business units and related divisions, Pro Mach provides equipment, training, installation, and parts in primary packaging, end-of-line packaging, and identification and tracking.
Pro Mach has a diverse customer base, from Fortune 200 companies to smaller, privately-held businesses worldwide, which depend on reliable, flexible, technologically advanced packaging equipment and integrated solution sets. Pro Mach is headquartered in Cincinnati, Ohio with manufacturing facilities and offices throughout the United States and Canada.
Pro Mach is an Odyssey Investment Partners, LLC portfolio company. Odyssey is a leading middle-market private equity fund with approximately $1.0 billion under management. Areas of investment focus for Odyssey include industrial, aerospace, business and financial services as well as route-based services.
For more information about Pro Mach visit our website at www.ProMachInc.com.
Media Contact:
Brent Meyer
513.831.8778, ex. 437
bmeyer@ProMachInc.com
