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.
[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.
Get on the list.
Dallas Innovates, every day.
Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.
R E A D N E X T
-
Inferno's portfolio includes verticals in oil & gas, energy, solar, and the digital world. Now it's added a marketing agency founded in March by a 21-year-old Instagram influencer with 1.7 million followers.
-
Sweden's Nefab Group uses ocean-bound plastics in its cushioning solutions to contribute to cleaner oceans and environments. The Irving company's longtime focus on using recycled plastics makes it a natural fit for the 38-country company.
-
Dallas-based TI says the innovation uses proprietary, newly engineered material and has been "nearly a decade in the making." Jeff Morroni of TI's Kilby Labs added that designers "turn to power modules to save on time, complexity, size and component count, but these benefits have required a compromise on performance—until now."
-
Opening this Friday, the exhibition at the Dallas Holocaust and Human Rights Museum offers a pathway to stories centered around "women's labor activism, the fight for suffrage and equal rights, the sexual revolution, and more."
-
Alkira's founders are in Dallas this week for the ONUG networking conference. Investors, including Dallas Venture Capital Founder Dayakar Puskoor, are bullish on the startup reinventing cloud networking and network infrastructure for the cloud era.
