WILLOUGHBY, OHIO (Sept. 16, 12:15 p.m. ET) — Label manufacturer Kennedy Group has acquired Pensacola, Fla.-based Label Technique Southeast Inc. Terms were not disclosed.
Label Technique Southeast was founded in 1979 as a manufacturer of specialty and custom labels serving the food and produce market. The company makes primary and secondary labeling and uses digital printing with sequential numbering and 2D barcoding.
“The expansion continues our footprint in the southeast while enhancing our customer base and increasing our capacity and capabilities,” said Michael Kennedy, president of Willoughby-based Kennedy Group, in a news release.
Kennedy Group, a family owned business, was established in 1974 and makes labeling, promotional, tracking and identification products.
A year ago Kennedy Group bought Florida Marking Products, a maker of specialty and custom labels, durable identification products, commercial marking, promotional items and signs.
“The Kennedy Group has weathered this treacherous economic climate by investing in its business, both in technology improvements and strategic acquisitions. Both of our recent acquisitions help us expand our client base, especially in niche and underserved markets. This position ensures our continued growth, regardless of the pace of economic recovery,” Kennedy said.