LUX Global Label, a portfolio company of Resilience Capital Partners, has acquired Labelworx, a specialist in digital label and packaging. This strategic acquisition broadens the operational capabilities of LUX Global Label, formerly known as National Label, into the high-growth area of digital printing while further diversifying its customer base and markets.
Founded in 2004, Labelworx is a pacesetter in digital labelling, known for its expertise in prime-pressure-sensitive, shrink sleeves and flexible packaging and serving a diverse group of fast-growing consumer brands. Labelworx also is known for its environmentally-sustainable printing capabilities. The HP Indigo Digital Press, for example, is manufactured CO2-neutral, with supplies designed for reusable and recyclable parts to further reduce the impact of printing on the environment.
“This is a new phase in our investment in LUX Global Label and underscores our belief in the growth opportunity in digital printing and the overall potential in label and packaging for our portfolio,” says Steve Rosen, Co-CEO of Resilience Capital. “The Labelworx acquisition positions LUX Global Label as a top-tier solutions provider in the growing digital labeling market with a ready-made operation, knowledgeable staff, state-of-the-art equipment and immediate industry credibility.”
Jack Lang, co-founder and President of Labelworx, will continue to lead the digital printing business.
“We are excited to join the LUX Global Label family and look forward to continuing its tradition of innovating and delivering differentiated label and packaging products to the market,” says Lang.
“Labelworx’s ability to serve evolving niche brands, new technologies in metallics and shrink sleeves, quick turnaround capabilities and an excellent team complements LUX Global Label’s existing competencies in pharmaceuticals and health and beauty and make it an excellent fit for this market,” adds Rosen.