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Addition of innovative label printer expands capabilities in key sectors, presence in Ohio and Pennsylvania.
August 7, 2024
By: DAVID SAVASTANO
Inovar Packaging Group, LLC has acquired The Kennedy Group, LLC, a label and packaging platform with two facilities based in Willoughby, OH and one in Levittown, PA. The acquisition marks a milestone in Inovar’s growth strategy, as this is its tenth platform acquisition, and it further expands Inovar’s presence in the Midwest and Northeast regions. The Kennedy Group, which has a well-known reputation for being a highly innovative, customer-focused, and employee-oriented business, primarily focuses on serving mid-sized and large accounts in the beverage, agriculture, automotive, food, supply chain, healthy & beauty, industrial, and household industries. It adds significant capabilities to the Inovar platform that includes pressure sensitive, roll-fed, and RFID label capabilities. Additionally, their leadership team will help continue to bolster the leadership team currently at Inovar. “As we build out our platform, we continually seek opportunities to enter additional markets, attract new customers, and enhance our value as a trusted supplier by acquiring businesses that add new capabilities and production scale, while also expanding our services offering,” said Jeff Brezek, CEO of Inovar. “The acquisition of The Kennedy Group is particularly attractive given their outstanding reputation as an innovative and customer-focused organization,” added Brezek. “This combination boosts our production and distribution capacity in new regions and extends our capabilities with additional roll-fed, pressure-sensitive, RFID, and sustainability solutions. Above all, both organizations are comprised of incredibly talented and dedicated people who make everything we do possible. We are thrilled to partner together.” Founded in 1974 by Bert Kennedy and Mary Lou Kennedy, The Kennedy Group is led today by Bert and Mary Lou’s sons, Mike Kennedy, Pat Kennedy, and Todd Kennedy. Pat and Todd Kennedy, along with the rest of The Kennedy Group leadership team, will continue to run the business in partnership with Inovar.
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