York and ILC are both manufacturers of pressure sensitive labels used in the consumer products, food, beverage, entertainment and healthcare industries. According to Wind Point, the York/ILC organization is now the seventh largest label producer in the United States and the third largest producer of prime pressure sensitive labels.
“Wind Point sees the combination of York Label and Industrial Label Corporation, two solid middle market companies, as an ideal opportunity for Wind Point to partner with a top caliber executive who has the skill set to integrate the two companies and create the leading supplier of pressure sensitive labels in North America,” says Michael Nelson, principal at Wind Point Partners.
Rich Egan recently served as CEO of Data Documents, a $300 million forms and label printer. Prior to Data Documents, he spent 27 years at Ringier America, an $800 million commercial printer with 4,000 employees and 12 manufacturing locations.
“Combining York Label and Industrial Label Corporation will increase our scale and expand our manufacturing footprint, resulting in improved service for our customers,” says Egan.
York Label, founded in 1947, is located in York, PA, USA. Its largest customers include Capital One, Colgate, L’Oreal, Unilever, and Boston Scientific.
Founded in 1961 and based in Omaha, NE, USA, Industrial Label counts Tyson Foods, E&J Gallo, Procter & Gamble, and ConAgra among its largest customers. It is the exclusive label provider to all 108 Tyson beef, poultry and pork processing facilities. It also produces labels for brands such as Crest ProHealth, Healthy Choice, Butterball and Gallo wines.
Wind Point Partners manages more than $1.8 billion in capital, and has invested in more than 80 companies since 1984.