Anchor Printing, a flexographic and offset printing specialist based in Novi, has been acquired by Fortis Solutions Group based in Virginia Beach, Va., a portfolio company of Harvest Partners.
Anchor Printing provides shrink sleeves, flexible packaging, and pressure-sensitive labels across a range of industries including the paint, automotive, medical, food, beverage, health, and beauty and chemical end-markets.
“After 75 years of building Anchor Printing Co., we wanted to continue to grow our trajectory, while servicing our customers even better,” says Andrew Weitz, owner of Anchor. “When meeting with John and the Fortis team, we knew the synergies between the two companies could create something exceptional for years to come and expand the business to even greater heights.
“Our culture at Anchor was built on the commitment to quality, service, and hard work that was started by my grandfather and passed on to my father and myself, which I will carry on within the Fortis Family.”
Employing more than 1,200 employees across 18 manufacturing sites, Fortis intends to continue its pursuit of attractive acquisitions to further the breadth of product offerings and locations which can serve its customer base.
“I have tremendous respect and admiration for the Weitz family and the nationally recognized business they have created, owned and operated for three generations,” says John O. Wynne Jr., president and CEO of Fortis.
“We are looking forward to working closely with the Anchor team and Andrew Weitz, who takes on a senior leadership position with Fortis as our president, shrink and flexible packaging. We are very appreciative they have chosen Fortis to help continue their future growth and bolster our core capabilities and talent across key product lines.”
To learn more about Anchor Printing, click here.