Inovar Packaging expands product capabilities with Kiliper purchase

Core Insights - Inovar Packaging Group has acquired Kiliper to enhance its product capabilities, focusing on stretch sleeves, roll-fed labels, polybags, and printed film products [1][3] - The acquisition aligns with Inovar's growth strategy to invest in new labeling technologies and expand its presence in the Midwest [3][4] Group 1: Acquisition Details - The financial terms of the acquisition remain undisclosed [1] - Kiliper is a family-run company known for its expertise in wide-web flexo printing and converting [1][2] Group 2: Management and Operations - Kiliper is managed by siblings Tom Kiliper and Lindsay Maysent, who will continue as co-presidents post-acquisition [2] - The company serves various sectors, including food and beverage, pet food, household chemicals, industrial supplies, and janitorial and sanitation [2] Group 3: Strategic Importance - Inovar's CEO, Jeff Brezek, emphasized the importance of strategic acquisitions that align with the company's values and enhance technical capabilities [4] - The acquisition of Kiliper is seen as a meaningful expansion into new product areas while complementing existing manufacturing capabilities [5]