Manufacturer Brady Corp. (NYSE:BRC), Milwaukee, WI, has acquired Stickolor Industria e Comercio de Auto Adesivos Ltda., São Paulo, Brazil. Details of the transaction were not disclosed.
Stickolor manufactures screen-printed custom labels, overlays and nameplates for automobiles, tractors, motorcycles, electronics, white goods and general industrial markets. With annual sales of $9 million, the company currently employs about 90 people.
Brady expects this acquisition to further strengthen its position in the industrial identification market in Brazil and enhance its screen printing capabilities, as well as facilitate its growth into complimentary markets in the region including automotive, agricultural equipment and major appliances.
“Stickolor is known for its superior screen-printing capabilities and exceptional quality, and we are excited to be able to offer their products and services to our customers as well as bring new Brady products to their customer base,” said Matt Williamson, president, Brady Americas. “Their markets and capabilities are complimentary to Brady’s and their focus on teamwork and customer service is a strong cultural fit to Brady’s philosophy of value creation.”
Brady Corp. is an international manufacturer and marketer of high-performance labels and signs, safety devices, printing systems and software, and precision die-cut materials. The company employs approximately 7,000 people with fiscal 2009 sales of $1.2 billion.
