“The acquisition is a logical fit for Fort Dearborn Company and reinforces our commitment to the paint and coatings label market,” says Fort Dearborn Chief Executive Officer Jeff Brezek.“Fetter has a long track record of building solutions that address many of the unique needs inherent in the paint and coatings marketplace and therefore we are very excited to add their capabilities to ours and create a more robust solutions offering for this end market.”
Fort Dearborn’s management team is experienced in executing and integrating acquisitions effectively and expects the addition of Fetter’s label business to contribute to Fort Dearborn’s near-term and ongoing success as the housing market recovers.
“I am confident that this will be a seamless and transparent transition for our customers, and our respective teams are committed to this goal,” says Terry Gill, FetterGroup president & CEO. “It is a change-intensive industry and Fort Dearborn is experienced with the distinct needs and customer requirements of this market. This sale allows us to focus our energy on creating the most visually stunning mobile device cases, and other custom products, within our dye sublimation segment. Fort Dearborn was a natural and strategic choice when we chose to exit the label business.”
“We are thrilled to make this acquisition and better serve this market as well as expand our capabilities for all Fort Dearborn customers. As a platform company, we will continue to pursue acquisitions that broaden our product and service offerings and deliver unparalleled value to our customers,” says Brezek.