Irving-based Inovar Packaging Group has acquired The Kennedy Group, a family-owned and operated label and packaging platform with facilities in its headquarters city, Willoughby, Ohio, and in Levittown, Pennsylvania.
Wiith 11 locations nationwide, Inovar Packaging Group is known for producing innovative prime labels, shrink sleeves, and extended content solutions to some of the nation’s top brands. Inovar said that it’s focused on delivering meaningful value for its customers and transparent long-term relationships with its partners, ultimately aiming to drive sustainable, market-leading growth for the company.
Founded in 1974, The Kennedy Group has a reputation for being a highly innovative, customer-focused and employee-oriented business, said Chicago-based Mesirow, the exclusive financial advisor to The Kennedy Group. With state-of-the-art pressure sensitive, roll-fed and RFID capabilities, it focuses on accounts in the beverage, agriculture, automotive, food, supply chain, health & beauty, industrial, and household industries.
Terms of the deal were not disclosed.
“We’re excited to bring The Kennedy Group’s 50 years of industry leadership to partner with Inovar. We believe combining these two companies under one platform creates a best-in-class organization,” Mike, Pat, and Todd Kennedy, leaders of The Kennedy Group, said in a joint statement.
![](https://s24806.pcdn.co/wp-content/uploads/2024/08/Video-still-Inovar-Packaging-2.png)
[Video still: Inovar Packaging]
The Kennedy Group provides market-tested and innovative labeling solutions to help customers package, promote, identify, and track their products. The company said it builds long-term strategic relationships with its customers, provides a collaborative work environment for all its valued employees to thrive, and brings a philosophy of continuous improvement in all that they do.
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