Mactac, a LINTEC company and supplier of pressure-sensitive adhesives, announces it has acquired CSI – SoCal, a custom slitting and distribution center for roll label printers located in Ontario, California, under an asset purchase agreement.
A $2.5 million investment, Matctac says the acquisition is the latest in a major operational expansion plan. According to the company, the strategically located West Coast finishing center provides Mactac a turnkey roll label slitting and distribution center with a talented operations team and newer slitting assets.
Mactac says it is also investing nearly $10 million in expanding its slitting and service capability, including installing five new slitters across its North American network beginning this summer.
“This acquisition is a continuation of our commitment to the industry and represents our mission to be a full portfolio provider to the market with the highest level of service excellence,” says Ed LaForge, Mactac president and CEO. “Purchasing CSI – SoCal further expands our production network and distribution footprint in alignment with our strategic growth plans for pressure-sensitive films, graphic products, and specialty coating and service programs.”
Mactac recently acquired Duramark Products Inc. and Spinnaker Coating LLC, expanding its adhesive coating capabilities and automation technology, as well as production capacity and specialty label offerings.
“Mactac is a highly reputable company that is truly committed to meeting the needs of the market and its customers,” states Michael Noble, distribution manager at CSI – SoCal. “We are excited to be a full-time Mactac slitting operation and an important part of the company’s growing distribution network.”