{"id":6313,"date":"2025-04-04T03:39:10","date_gmt":"2025-04-04T07:39:10","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=6313"},"modified":"2025-04-04T03:39:10","modified_gmt":"2025-04-04T07:39:10","slug":"inovar-packaging-enhances-label-capabilities-with-modtek-acquisition","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=6313","title":{"rendered":"Inovar Packaging enhances label capabilities with ModTek acquisition"},"content":{"rendered":"


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The deal marks Inovar\u2019s 11th strategic acquisition. Credit: Shablon \/ Shutterstock.<\/figcaption><\/figure>\n<\/p><\/div>\n

Inovar Packaging Group, a packaging and label printing solutions provider, has acquired ModTek, a regional manufacturer of labels located in Pennsauken Township, New Jersey, US.<\/p>\n

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Specialising in pressure-sensitive and extended content labels, ModTek serves a diverse range of sectors.<\/p>\n

These include food, craft beer, wine, spirits, and consumer durable goods, with the company\u2019s advanced printing technology complementing Inovar\u2019s established capabilities.<\/p>\n

Additionally, ModTek\u2019s expertise in embellishments such as hot stamping and embossing will enhance the range of solutions already offered by Inovar.<\/p>\n

Shawn Borman, who founded ModTek in 2006 alongside his mother Vicki Wilkinson, and became the sole owner in 2019, will remain in charge of the business.<\/p>\n

He will lead ModTek into its next growth phase, partnering closely with Inovar\u2019s team.<\/p>\n

Borman said: \u201cModTek and Inovar share deep alignment in what is core to our ongoing success, and that is a continued emphasis on taking great care of our customers, our employees, and our partners.<\/p>\n

\u201cI\u2019m really looking forward to all the success and value our combined companies will be able to achieve.\u201d<\/p>\n

The acquisition strengthens Inovar\u2019s portfolio by adding flexographic, digital, and hybrid printing techniques.<\/p>\n

It also bolsters Inovar\u2019s presence in the Northeast US, marking its 11th strategic acquisition.<\/p>\n

Inovar CEO Jeff Brezek said: \u201cAs part of our ongoing efforts to expand and innovate, we are constantly looking for opportunities to enter new markets, attract new customers, and enhance our capabilities through strategic acquisitions.<\/p>\n

\u201cThe acquisition of ModTek not only strengthens our position across a range of preferred end markets but also increases our production and distribution capacity in a key region.\u201d<\/p>\n

In August last year, Inovar acquired<\/a> The Kennedy Group, a label and packaging platform in the US.\u00a0<\/p>\n

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