On Friday, Amtech, LLC announced it had acquired Label Traxx and its software suite for the label printing and flexible packaging segments.
The combination of the two companies, officials said, would solidify Amtech’s position as an industrial software platform for the packaging industry. The combined company will provide software solutions to its more than 750 customers and 1,200 manufacturing sites around the world.
“Together, Amtech and Label Traxx form a highly differentiated, premier software platform within the packaging industry,” Chuck Schneider, CEO of Amtech, said. “The combined company will offer best-in-class, end-to-end solutions to meet our customers’ packaging and labeling needs across the world, while optimizing their operations at both the enterprise and plant-level.”
Officials said Label Traxx provides a comprehensive software suite with ERP, MES, MIS, CRM and other end-to-end capabilities. The company provides services to more than 500 manufacturing sites around the world, supplying a wide variety of end markets.
“We are thrilled to invest in the combination of the Amtech and Label Traxx,” Preston Thomas, Managing Director of Peak Rock Capital, said. “We’re excited about the value the combined platform will provide to all customers and the significant growth momentum of the business going forward.”