Labelmakers soon to acquire Rapid Labels
March 17, 2021Labelmakers Group has announced its intent to acquire Melbourne-based label printer, Rapid Labels, with the acquisition said to be implemented April.
According to Labelmakers, the move doesn’t affect Rapid’s customers as it will continue to operate with “business as usual”.
The only change in staffing is in management – Rapid Labels managing director David Power will continue on with Labelmakers as the general manager of Rapid Labels and be the key point of contact for all things Rapid, while its director Sean Kennon retires at the end of the month.
All staff members are said to continue on as normal.
Rapid Labels is a supplier and printer of self-adhesive label products, focused on the FMCG, nutraceutical and pharmaceutical segments. The business has been at the forefront of specialised label printing since its inception in 1982, managing a suite of digital printing equipment, including the only Gallus Labelfire in Australia and one of the first ever installed globally.
To this day, Rapid has remained a 100 per cent privately owned and managed business by Kennon and Power.
