AWT Labels & Packaging Inc. (AWT) recently announced the acquisition of American Label Technologies (ALT).
Terms of the deal were not disclosed.
Based in Minneapolis, Minnesota, AWT provides custom labels, flexible packaging, and precision converting solutions for healthcare, consumer brands, and technology companies.
Headquartered in Garner, North Carolina, ALT is a provider of radio-frequency identification (RFID) and label solutions for healthcare, retail, warehousing, and automotive markets across North America.
The business will operate as American Label Technologies, an AWT Company.
“RFID is definitely a strategic product we’ve wanted to add to our portfolio to continue to bring value-added solutions to our customers,” Bruce Hanson, CEO of AWT, said in a news release. “The ALT team not only brings depth in RFID manufacturing expertise but also has incredible technical knowledge in solving complex customer applications.”
Darrin Schmitt, ALT president, said in a statement that the deal is a “win-win outcome for both our companies.”