(AMHERST, NS – Tuesday, September 20, 2016) Access Labels officially announced today that they have acquired the pressure-sensitive label manufacturing division of Farnell Packaging of Dartmouth, Nova Scotia. The acquisition, which has been in the works for six months, will allow both companies to continue to grow and focus on their core business.
“We thank Farnell for choosing to partner with us and wish them luck as they move forward to concentrate on their Polyethylene business,” said Robert Sams, General Sales Manager of Access Labels. “We will be working closely with them during this transition, as well as moving forward. Farnell has a long-standing tradition of providing a high level of quality service, and we welcome their customers to our family.”
The purchase will increase the capacity at the Access Labels facility by between 20 to 30 percent. This also means the addition of several new full-time jobs in Amherst.
“In choosing to partner with Access Labels for this transition, we believe that we are consolidating our label business with the most reputable and responsive competitor in the region,” said Bill Morash, CFO of Farnell Packaging Ltd. “We have every confidence that Access Labels will do their very best to professionally service and supply all pressure-sensitive label needs in the months and years ahead.”
This transition will be completed by the end of October. There will be no job losses at Farnell, as the workers who were employed in the sold division will move into other divisions of the company.
“We do not expect any interruption in service for any customers as we increase the capacity at our Amherst facility in order to provide all customers with the excellent service that they have come to know and look forward to,” continued Sams. “We are excited to move forward with delivering top quality service and products to even more great clients.”
The label industry in North America is estimated to be at $4 billion dollars and growing steadily.
About Access Labels
Founded by Paul Carr in 1993, Access Labels specializes in printing labels, as well as selling and servicing equipment including label dispensers, applicators, and thermal printers. Located in Amherst, Nova Scotia, Access Labels is proud to do business across Canada and abroad.
About Farnell Packaging
Founded by Don and Amy Farnell in 1961, Farnell Packaging Limited has evolved into a totally integrated manufacturer of flexible packaging. Complementing their manufacturing is distribution of high performance polyolefin shrink films, industrial pallet wrap films, rigid plastic packaging, laminated/barrier packaging and their related application equipment solutions.