PE-Backed Pro Mach Acquires Packaging Maker Colet
Mississauga, Ontario-based Colet, a label manufacturer and provider of packaging supplies, has been acquired for an undisclosed amount by the ID Technology division of Pro Mach Inc. Colet will serve as ID Technology’s first label converting and production facility in Canada. Cincinnati, Ohio-based Pro Mach is a portfolio company of U.S. private equity firm The Jordan Co., which bought the business from Odyssey Investment Partners in 2011.





