Chicago based label producer Fort Dearborn has sold its UK business to former owner Albert Dass in a confidential management deal. He has taken over as chairman of the existing management team, and the company has changed its name to Springfield Solutions. Both companies will continue to have a working strategic relationship.
"This is an exciting opportunity to build on our traditional strengths in the UK and Europe," says Albert Dass. "Our strengths in the UK are in two key areas - repro and graphics management, plus niche print markets for high quality, lower volume, self adhesive labels."
The Springfield Group was acquired by Fort Dearborn in 1999. However, changing market and trading conditions, subsequently have led to a change in strategy for the US company, to focus on its home market and strengths. It sold its US repro business to Schawk in 2004 and divested overseas operations of which the UK was the last remaining.
The deal includes licences for the HiColour six colour hi-fidelity repro and print process, and software solutions for asset management and job tracking.
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