BROOKLYN PARK, Minnesota, April 1, 2014 – Engage Technologies Corporation, the parent company of Squid Ink Manufacturing, Eastey Enterprises, and Cogent Technologies, today announces the acquisition of NAFM, a leading manufacturer and supplier of shrink sleeve and labeling solutions.
NAFM, headquartered in Corona, California, manufactures and supplies a complete line of shrink sleeve labelers, heat shrink tunnels, full body labels, tamper evident seals and contract labeling and packaging services. NAFM shrink sleeve labeling solutions are used for industries including food and beverage, medical and pharmaceutical, building products, and other manufactured goods. They will continue to operate out of Corona, CA as a wholly owned subsidiary of Engage Technologies Corporation.
William T. Hoagland, President and Chief Executive Officer of Engage Technologies commented: “We are excited to add NAFM to the Engage Technologies team, which expands our strategically important packaging equipment and product labeling platform. NAFM brings a strong brand, excellent complementary products, and management with over 50 years of experience providing shrink labeling solutions to the industry. They are a clear leader in the shrink sleeve arena offering us significant opportunities for further growth, and we look forward to merging our product lines and sales channels.”
“This is a win-win for our customers,” said NAFM Director of Operations, John Yamasaki. “As part of Engage Technologies, we have the financial and organizational backing to expand our capabilities,
increase the promotion of the NAFM brand, and build on our tradition of providing quality packaging solutions to our customers.”
About Engage Technologies Corporation
Engage Technologies Corporation is the parent company of Squid Ink Manufacturing, Inc., Eastey Enterprises, and Cogent Technologies, Inc. Squid Ink (www.squidink.com) manufactures industrial ink jet printing equipment and high quality inks for a variety of industrial coding and marking applications. Eastey (www.eastey.com) is a leading manufacturer of heavy-duty shrink packaging equipment and automated case sealing systems for packaging applications, and Cogent Technologies (www.cogent-tech.com) manufactures infrared drying systems used to dry ink in the industrial and graphics industries.
Founded in 1991, the company is headquartered in Brooklyn Park, Minnesota with facilities in Rogers, Minnesota, Spring Lake Park, Minnesota and Shanghai, China. For more information on the Engage Technologies family of companies, visit the individual websites listed above, or the Engage Technologies site at www.engagetechnologies.net.