Smyth Companies Acquires Dow Industries
ST. PAUL, MN—March 31, 2011—Two of the premier label printers in the country are now one entity as Smyth Companies announces the acquisition of Dow Industries of Wilmington, MA. Dow Industries is an award-winning label printer, having won numerous honors around the globe for its high-definition flexographic printing processes used in the health and beauty markets and other demanding consumer goods segments.
“Walter Dow has been a long time friend whose company I’ve admired from afar, and I’m delighted that he has decided to tie the knot with Smyth,” said John Hickey, Smyth CEO. “Our goal will be to provide the industry’s highest quality label production for those companies that demand the very best!”
Smyth has been in business for 133 years, and recently partnered with Novacap, a Montreal-based private equity firm, to help the company in its quest to be the most relevant label company in the industry sector for high-end consumer goods companies. With established production locations in Minnesota, Virginia and Colorado, and the addition of the Dow facility in Massachusetts, Smyth will now employ approximately 400 people.
The company specializes in package labeling for mass-marketed consumer goods products, and serves clients in the food and beverage, personal care, household care and beer markets, among others.
Smyth sought the acquisition of Dow because of Dow’s eastern U.S. location, market reach and print technologies employed. Dow Industries was founded in 1976 by Walter Dow.
Source: company release.