On the 18^th of May insignia announced that they had signed a contract to acquire Compass Labels. Compass Labels is a well respected label converter based in Ringwood Melbourne who have been operating successfully since the late 1980s. They have a very similar go to market strategy as insignia, but they operate in a slightly different sector.

 

The 13 Compass Labels staff members, predominantly based out of their Ringwood site, will be joining the insignia team commencing on the 31^st May. It will be business as usual for Compass customers as insignia will continue to run Compass Labels as a separate business.

 

The fit between Compass and insignia is ideal given the large similarities in company processes and customer culture. Victoria continues to feature as an important market for the future of both brands, largely due to the fantastic support of customers.

 

To find out more about Compass visit their web site at www.compasslabels.com.au