Access Labels (Amherst, Nova Scotia) has 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. The label industry in North America is estimated to be $4-billion and is growing steadily. “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’ll be working closely with them during this transition, as well as moving forward. Farnell has a long-standing tradition of providing the highest levels of quality service, and we welcome their customers to our family.”
The purchase is expected to increase the capacity at Access Labels’ facility by 20% – 30%. Equally important, this also means the addition of several new full-time jobs in Amherst. “We don’t expect any interruption in service for any customers as we increase the capacity at our Amherst facility in order to provide both of our companies’ customers with the excellent service that they’ve come to know and look forward to,” Sams added. “We’re excited to move forward with delivering top quality service and products to even more great clients.”
The transition should 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. “In choosing to partner with Access Labels for this transition, we believe that we’re consolidating our label business with the most reputable and responsive competitor in the region,” said Bill Morash, CFO of Farnell Packaging. “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.”
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. The company has customers across Canada and worldwide.
Founded by Don and Amy Farnell in 1961, Farnell Packaging has evolved into a totally integrated manufacturer of flexible packaging. Complementing its 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.