Fort Dearborn ramps up acquisition program
Fort Dearborn Company, a manufacturer of decorative labels for consumer goods marketers based in Niles, IL, has announced a partnership with investment bank Thomas Blaige & Company as part of its strategic plan for acquisitions.
In May 2003, the company announced its strategic plan for the next five years, a plan highlighted by targeted annual sales growth of 20 percent. The strategy calls for both organic growth and acquisitions, as well as the establishment of positions in the personal care, household products, and wine and spirit markets.
Fort Dearborn is a privately held company that has been in the label industry for more than 75 years. “Fort Dearborn wants to lead the label industry in its evolution of consolidation,” says Rich Adler Jr., president and chief quality officer.
The company’s printing capabilities include flexography, rotogravure, lithography and digital. It produces shrink sleeves and pressure sensitive products on paper and films. Currently it has nine operating divisions in North America, the UK and Europe, and employs nearly 1,000 people.
Thomas Blaige & Company, headquartered in Chicago, is a transaction adviser to US and foreign corporations and private equity firms in the packaging, plastics, and related industries. The firm’s activities focus on middle-market merger, acquisition, divestiture, sale, recapitalization, MBO and joint venture transactions.
For more information about Fort Dearborn Company, visit www.fortdearborn.com. For questions regarding the acquisition strategy, call Jonathan White at 847.588.9303.