ProMach (ID Technology) Acquires Lofton Label & Packaging
October 4, 2023
ProMach, via its ID Technology labeling & coding business line, has acquired Lofton Label & Packaging, a Minneapolis–Saint Paul-area producer of labels and printed flexible packaging. The acquisition expands ProMach's label converting and flexible packaging capabilities and adds Lofton's Inver Grove Heights production site and a team of over 70 employees to ProMach's Labeling & Coding portfolio.
- Buyers
- ProMach, ID Technology
- Targets
- Lofton Label & Packaging
- Industry
- Packaging
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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