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UFP Industries acquires Advantage Label & Packaging, adding labels and labeling equipment to its industrial packaging offerings

Art Post · 12/21/219:21 PM

GRAND RAPIDS, Mich., Dec. 20, 2021 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced that its affiliate, UFP Packaging, LLC, has acquired Advantage Label & Packaging, Inc. (Advantage Label), a provider of labels and related equipment used in industrial packaging, for approximately $16 million. The transaction also includes $2.9 million for related real estate as well as incentive payments of up to $4.5 million over five years if certain performance goals are met. Founded...

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UFP Industries acquires Advantage Label & Packaging, adding labels and labeling equipment to its industrial packaging offerings

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