Page 18 - PWM2023_JUNE

NEWS PACKAGING

Avery Dennison selects Mactac buys

Label Supply
startups for its programm is acquiring Label Supply,
Mactac, a Lintec company,

headquartered in Ontario,
Avery Dennison has sales and ability to partner Canada. For over three dec-
selected five startups for with a Fortune 500 industry- ades, Label Supply has been a
Cohort 02 of the AD Stretch leader. stalwart in the Canadian roll
Accelerator Program. AD Steve Flannery, senior vice label market.
Expected to close on June
Stretch tackles crucial chal- president and general man- 1, the acquisition comprises
lenges in the labels and ager Avery Dennison an established, turnkey facil-
packaging industry, includ- Materials Group EMENA, ity, replete with 11 finishing
ing connected packaging, said: ‘Avery Dennison aims assets, a comprehensive
materials innovation and to foster a startup mentality transportation/shipping
sustainability. The program, of agility and innovation fleet, a robust laboratory and
run in partnership with throughout the organization technical resource group,
accelerator builder-operator Company selects five startups to tackle packaging industry challenges and an in-house ink partner.
Highline Beta, received over six-month period, running Materials Group North by collaborating with start- With Mactac’s support, Label
300 applications from start- pilots in North America and America. ‘Together, we will ups, accelerators and inves- Supply is set to benefit from a
ups worldwide. Following EMENA. drive innovation and sus- tors. This strategy will create larger customer base, access
the success of the inaugural ‘The five startups will tainability globally.’ win-win outcomes for every- to more capital, enhanced
cohort, AD Stretch Cohort bring unique approaches Avery Dennison chose one involved. Our partnering information technology, and
02 will deliver a pilot-based and solutions to our chal- these startups for their will positively impact our broad, consistent product
supply.This move also broad-
accelerator program that lenges and fresh perspec- potential to evolve the label industry and the world.’ The ens the geographic reach of
encourages collaboration, tives to our industry,’ said and packaging industry. five selected startups are: both companies within the
planning, execution, and Jeroen Diderich, senior vice Other criteria included their BeFC, Moree, Peafowl Canadian market, creating a
analysis with a select group president and general man- experience in bringing prod- Plasmonics Puro Renewables unique service and product
of startups over a condensed ager Avery Dennison ucts to market, generating and Stemly. offering.
Labelexpo Europe plans 2025 BlueStone invests in

move to Barcelona Mark Andy P7E

Tarsus Group, organizer B l u e S t o n e L a b e l
of the Labelexpo Global Company is in the process of
Series, has announced that installing two Mark Andy
Labelexpo Europe will move Performance Series P7E
from its current location at flexo presses at its produc-
Brussels Expo to Barcelona tion facility in Morristown,
Fira for its 2025 edition. The Tennessee. The move is part
move does not affect the of an ambitious growth pro-
upcoming Labelexpo gram that will continue
Europe 2023, which will go Venue in Barcelona promises benefits for exhibitors and visitors BlueStone’s phenomenal Installation will be crucial
ahead as planned at Brussels Series. ‘We have reached wifi can link up to 128,000 rise from a $700,000 busi- ity, whether it’s a short run
Expo 11-14 September. The ness to more than $14M of 500 or an order for mil-
move to Barcelona in 2025 maximum capacity at concurrent users. There are USD in the space of five lions of labels. We offer a
comes after extensive con- Brussels Expo, and the Fira extensive catering options, years. wide range of custom and
sultation with label industry heralds the next phase for and the venue has a strong BlueStone Label has been stock products.’
stakeholders and takes Labelexpo Europe’s growth. commitment to green a full-service label provider The two new Mark Andy
advantage of the excellent The bigger halls promote an energy and sustainability – in Tennessee since 1986 and P7s are both 17-inch 8-color
facilities both at the Fira easier flow of visitors the Fira has over 25,000 is now under new owner- full-servo flexo lines fitted
venue and in the city of around the show and the solar panels installed on the ship led by CEO Brad Shuff, with hot-air drying and UV
Barcelona. infrastructure lends itself to roof.’ who has more than 30 years’ curing for maximum pro-
‘The benefits for both our the technical needs of our Fira de Barcelona is well experience in the industry. duction flexibility.
exhibitors and visitors in exhibitors. The modern situated for convenient He explained his business Specification also includes
moving Labelexpo Europe halls are equipped with a access to the city of philosophy: ‘Our primary Vetaphone corona treaters
to Barcelona are clear,’ said ventilation system to con- Barcelona with its world- commitment is to provide for filmic work, delam/
Jade Grace, portfolio direc- tinuously replenish the air class hotels, restaurants and superior customer service relam units and a slitting
tor at Labelexpo Global and the fast, complimentary tourist facilities. and excellent product qual- capability.
18 PrintWeek MENA June 2023 www.printweekmena.com