MCC Acquires Smart Labels Solutions Provider Starport Technologies
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Chicago, Illinois – October 4, 2024 – Multi-Color Corporation (MCC), one of the largest label companies in the world, today announced the acquisition of Starport Technologies, a provider of smart label solutions based in Kansas City, Missouri. Financial terms of the transaction were not disclosed.
Founded in 2006, Starport manufactures a wide range of RFID products and other types of smart labels for numerous consumer and supply chain applications. Its unique manufacturing processes enable various face materials, adhesives, RFID transponders, printing, and other specialty coated web materials to be converted into a single pass through its converting platform.
The acquisition complements and strengthens MCC’s greater than 20 years of experience in RFID labeling solutions.
“RFID is one of the fastest growing segments of MCC’s business, and we are thrilled to welcome Starport and its expertise as the industry’s leading RFID prime label converter into the MCC family,” said MCC CEO Hassan Rmaile.
“Joining our two high-performing teams together will allow us to continue delivering innovative, decorative, technical and functional RFID labeling solutions to the industry with exceptional service, quality and customer intimacy.”
Jeff Nedblake, Starport Technologies founder and CEO, and his staff, will transition to MCC and manage the combined company’s newly formed smart packaging solutions business unit.
“Starport Technologies is driving accelerated profitable growth as major CPGs and retailers integrate intelligent labeling solutions including RFID technologies into both consumer and supply chain applications, and the timing was optimal to combine our capabilities with MCC’s leadership position worldwide.” said Nedblake.
“Multi-Color’s core offerings, channel access, operational excellence and balance sheet make them the perfect partner from which to scale our collective capabilities to meet the needs of our customers, both here in the United States and globally.”
About Multi-Color Corporation
Multi-Color Corporation (MCC), established in 1916, is the global leader in prime label solutions, with approximately $3 billion in annual revenue supporting a number of the world’s most prominent brands across end-categories including food and beverages, home and personal care, wine and spirits, and other specialties. Based in Chicago, MCC serves national and international brand owners across its global footprint with a comprehensive range of the latest label technologies in pressure sensitive, cut and stack, roll-fed, in-mold, shrink sleeve and heat transfer applications. MCC employs approximately 12,000 associates across more than 90 facilities in over 30 countries.
About Starport Technologies
Starport Technologies, established in 2006, is RFID-centric inside and out. The Company has grown into a leader in the production of RFID media, specializing in RFID tags and labels for various industries. The company focuses on delivering cutting-edge identification and tracking technologies that optimize supply chain efficiency, asset management, and security systems. Starport has expanded its product offerings and technological capabilities, with the acquisition of new equipment such as state-of-the-art RFID converting presses and testing systems, boosting production and operational efficiency.
For inquiries, please contact:
Ben Krajcir, VP Finance – Corporate Development