LGInternational, a label manufacturer based in Portland, OR, USA, reports that it has signed an agreement to acquire United Colours, a Malaysian manufacturer of labels and diecut components. The acquisition is expected to be final within 60 days, subject to closing conditions.
United Colours was incorporated in 1995 and manufactures labels, gaskets, thermal pads, and insulators for electronics, controlled environments and consumer goods. The majority of United Colours customers are located in Malaysia and throughout other parts of Asia.
The acquisition marks LGI's second strategic move into Asia. United Colours will join Wuxi, China, as the second Asia facility operating under LGI’s international division, LGI Technology. “We feel fortunate to be adding United Colours to further expand our presence in Asia,” says Mike Martin, president of LGInternational. “The depth of knowledge and capabilities of this operation will be particularly invaluable to our current and future customers in Southeast Asia.”
LGInternational develops advanced labeling solutions for markets that include semiconductor, storage media, life sciences, and electronics. Established in 1978, LGI’s products are used by companies around the world for applications such as product identification and decoration, product assembly, product packaging and security.