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AWT Labels & Packaging acquired by private equity firm

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By: Greg Hrinya

Editor, Label & Narrow Web

On June 5, Advanced Web Technologies, LLC (AWT), a Minneapolis, MN-based manufacturer of labels and flexible packaging, was acquired by private equity firm Mason Wells, based in Milwaukee, WI, USA. The company will continue to conduct business under its trade name, AWT Labels & Packaging. PCM Companies, a Twin Cities-based private equity firm, sold its interest after owning AWT for over 10 years.

In October 2014, AWT Labels & Packaging was selected as a “Company to Watch” by Label & Narrow Web.

“We are excited about the opportunity to partner with Mason Wells and continue expanding our capabilities,” says Jim Lundquist, AWT Labels & Packaging CEO. “With Mason Wells’ strong financial backing, we plan to strategically expand our current business footprint. The entire AWT management team will remain intact, and we continue to focus on the mission of providing solutions that help reduce our customers’ Total Applied Costs.”

“AWT is an excellent company well positioned for growth in one of our primary industry sectors – packaging materials and converting,” says Jay Radtke, managing director at Mason Wells. “AWT Labels & Packaging’s management, employees and suppliers are all key factors that have allowed the company to consistently meet or exceed customer expectations and will continue to do so going forward. AWT is well positioned as a platform for growing its labels and flexible packaging sector footprint.”

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