Inovar Packaging acquires Kennedy Group

Inovar Packaging Group has acquired The Kennedy Group, a label and packaging converter with facilities in Willoughby, OH, and Levittown, PA. This transaction represents the tenth acquisition to further expand Inovar’s presence in the Midwest and Northeast regions.

The Kennedy Group is primarily focused on serving mid-sized and large accounts in the beverage, agriculture, automotive, food, supply chain, health, beauty, industrial and household industries.

The acquisition adds pressure-sensitive, roll-fed and RFID label capabilities to 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 its outstanding reputation as an innovative and customer-focused organization. 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,’ added Brezek.

Founded in 1974 by Bert Kennedy and Mary Lou Kennedy, The Kennedy Group is today led 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.

Mike Kennedy will continue to support The Kennedy Group and Inovar in an advisory role.

‘We are excited to bring The Kennedy Group’s 50 years of industry leadership to partner with Inovar. We believe combining these two companies under one platform creates a best-in-class organization for our valued customers, employees, and the label industry overall,’ stated the brothers.