Following the announcement of the acquisition of S. Walter Packaging by Brynwood Partners, Greenwich, Conn., Hicksville, New York-based Uniflex, also a Brynwood company, will merge with S. Walter. The merger will provide the advertising specialty and medical industries with a full range of products, capabilities, global sourcing solutions and distribution services, in addition to enhanced North American manufacturing capabilities. The combined company will be led by Andy Wilson, who will assume the roles of chairman and CEO. Vince Schaller will continue as president of Uniflex.
“We are pleased to bring together these two great companies that are established leaders in their respective and complimentary markets,” noted Henk Hartong, Jr., senior managing partner of Brynwood Partners. “Both companies have a long tradition of innovation and outstanding customer service.”
Schaller, who noted that an article that surfaced on www.Newsday.com in January about Uniflex closing its doors this spring was inaccurate, said: “The true beneficiaries of this merger will be our customers who will be presented with tremendous growth opportunities with their customer base through new products and services.”
As a result of the merger, Uniflex will have a greater presence at trade shows this year.
For more information, call (800) 223-0564 or visit www.ufline.com.