CLEVELAND and LAFAYETTE HILL, Pa. April 28, 2017 – Lux Global Label Company, a
newly formed holding company backed by private equity firm Resilience Capital Partners
(“Resilience”), has purchased certain assets from National Label, the Lafayette Hill,
Pennsylvania-headquartered, 103-year-old global leader in the labeling industry.
As part of the transaction, Resilience will commit significant financial capital to the new
company. Resilience also has assembled a team of industry veterans to strengthen the new
company’s operations and industry stature.
In connection with the agreement, Resilience has partnered with LBC Credit Partners, a provider
of middle-market financing solutions, and The Kennedy Group, a supplier of labeling, packaging
and identification solutions.
“The financial and operating investments that Resilience Capital Partners is making will enable
the new company to continue operations and meet customer needs, building upon a century of
excellence in labeling,” said Steven H. Rosen, co-Chief Executive Officer of Resilience Capital
Ron Cozean, the new company’s Executive Chairman, said, “If you looked at the location of our
headquarters, you would say we are an American company. However, if you looked at the
location of our customers – from Europe to the Middle East to Asia – you would see that we are
a global company. We have the scale, the distribution and the expertise to be a leader globally,
and our job is to get there.”
The new company inherits a rich heritage and strengths including:
• State-of-the-art operations and facilities around the globe including: The corporate offices
and largest production facility, in Lafayette Hill, Pennsylvania; a production facility in
Humacao, Puerto Rico; and a production facility in Singapore, as well as warehouses and
offices around the world.
• Proprietary technology to fulfill the unique needs of the new company’s diverse customer
base, including conductive labels that transmit currents for batteries; authenticity/security
features that verify genuine pharmaceutical products and expose evidence of tampering;
and metallic ink-based labels that provide superior product aesthetics while greatly
minimizing the cost and environmental impact compared to older, foil-based techniques.
• Extensive capital investments, including $53.6 million during the past four years, that
have established a global footprint of manufacturing facilities equipped with the latest
production tools and products.
• Industry leadership in providing state-of-the-art solutions, including high-quality,
custom-printed labels and related products, with technologies that enabled the company
to offer capabilities that exceed those of its competitors; the company had optimized its
operations so as to enable it to produce in excess of 20 billion labels annually, including
15 billion at its main Lafayette Hill facility.
• A proprietary deluxe graphic technology costing more than $10 million to develop;
unlike other label providers whose process includes heating foil to provide a metallic
effect, this ink-based technology provides buyers with a solution that not only is betterlooking
but also less expensive and less wasteful.
• Production facilities that, unlike other companies in the industry, use best-in-class
machinery that employs the most sophisticated technologies and capabilities.
• A uniform manufacturing layout across the company’s production facilities, unique in the
industry that enables it to produce a single graphic look for its customers in all of their
geographic end-markets.
Financial terms of the transaction, which closed on Friday, April 14, 2017, were not disclosed.
About Resilience Capital Partners
Headquartered in Cleveland, Ohio, Resilience invests in niche-oriented manufacturing, value
added distribution and business service companies with sustainable market positions and a clear
path to cash flow improvement. Resilience targets platform businesses with $25 million to $250
million in revenues across a broad range of industries where it can improve a company’s
operations, competitive positioning and profitability. Resilience manages in excess of $625
million for its global investor base which includes pension funds, insurance companies,
foundations and endowments, fund of funds and family offices. For more information, please
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Constance N. Hubbell
The Hubbell Group, Inc.
(781) 210-5011 (office)
(617) 529-3700 (cell)
Loretta A. Healy
The Hubbell Group, Inc.
(781) 210-5014 (office)
(781) 718-1117 (cell)