Engage Technologies Acquires Shrink Sleeve Supplier
Engage Technologies Corp., the Brooklyn Park, Minn.-based parent company of Squid Ink Manufacturing, Eastey Enterprises and Cogent Technologies, acquired NAFM, a manufacturer and supplier of shrink sleeve and labeling solutions. They will continue to operate out of their Corona, Calif., headquarters as a wholly owned subsidiary of Engage Technologies Corp.
“We are excited to add NAFM to the Engage Technologies team, which expands our strategically important packaging equipment and product labeling platform,” says William Hoagland, president and CEO of Engage Technologies. “NAFM brings a strong brand, excellent complementary products and management with over 50 years of experience providing shrink labeling solutions to the industry. They are a clear leader in the shrink sleeve arena offering us significant opportunities for further growth, and we look forward to merging our product lines and sales channels.”
“This is a win-win for our customers,” says John Yamasaki, director of operations for NAFM. “As part of Engage Technologies, we have the financial and organizational backing to expand our capabilities, increase the promotion of the NAFM brand and build on our tradition of providing quality packaging solutions to our customers.”