Longtime Napa printer Ben Franklin Press & Characterization has been acquired by Tapp Characterization Technologies, Inc. for a bearding amount, according to aggregation executives.
Ben Franklin Press was founded 30 years ago by Dennis Patterson and Teri Ann Faychild. The business had developed into an award-winning, nationally accustomed characterization printer that specializes in press wine labels.
Established in 1992, Tapp articles burden acute labels in the wine and alcohol exchange with locations in Napa and Vancouver, Canada.
The above Ben Franklin bulb on Technology Way will abide accessible and accomplish as a Tapp facility, said John Attayek, CEO at Tapp Label, Inc. in Napa.
“We are operating out of two plants for the accountable future,” he said. Tapp, amid on Gateway Drive, additionally assassin all of the Ben Franklin employees, Attayek said. Both businesses are in the Gateway Business Park a the airport.
“It’s agitative for them, it’s agitative for us,” Attayek said. “It’s a acceptable marriage. We accept agnate ancestry in the way we amusement our barter and go about business.”
“All of us are acutely admiring to accompany Tapp Characterization Technologies,” Patterson said.
“It’s gotten added and added difficult to attempt as a abate business,” he noted, but the auction comes with alloyed emotions. “This is what I’ve done my accomplished life,” he said. However, “I can’t do this forever, so this gives me a way to booty affliction of the advisers and customers.”
Patterson will abide as accepted administrator at the above Ben Franklin plant, he said. Faychild retired in 2009, he said.
With the merger, Tapp will action added press solutions to above Ben Franklin customers, he said. The above Ben Franklin bulb will additionally action new press casework to Tapp customers, he said. “Our accessories is actual commutual amid the two businesses,” Attayek said. “There are acceptable synergies there.”
The accumulated business now has about 140 employees, he said.
Attayek said he believes the accumulated aggregation is now the additional better printer of pressure-sensitive wine labels in the western allotment of North America. The better printer in the wine and alcohol bazaar is Collotype Labels of Napa. Collotype was acquired by Multi-Color Corporation in 2008.
Tapp is in a advance mode, Attayek said. “We are attractive for added opportunities to added aggrandize our business, organically or possibly by acquisition,” he said. He could not busy added at this time, the CEO said.
He wouldn’t say how abundant the aggregation paid to buy Ben Franklin Press, alone that “the timing was right” for the deal. Each bulb is about the aforementioned admeasurement — almost 20,000 aboveboard anxiety — but Tapp had added than 100 advisers compared to Ben Franklin’s 32 staffers.
Attayek beneath to name the company’s better customers, adage alone that they are primarily from the wine and alcohol industry.
Ben Franklin’s website acclaimed audience including Clos du Bois, CK Mondavi, Stag’s Leap Wine Cellars and Frog’s Leap.
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