Webpackaging logo

Avery Dennison completes acquisition of European business of Mactac from Platinum Equity

  • Avery Dennison
North America, USA, US - The West, Canada, Mexico, Europe, Benelux, Belgium, Asia, The Middle East, South America, Africa, North Africa, Metal - Platinum

Avery Dennison (NYSE:AVY) today announced it had completed the acquisition of the European business of Mactac from Platinum Equity, a California-based private equity firm, for the purchase price of €200 million including assumed debt.

Mactac’s manufacturing facility in Soignies, Belgium, along with sales offices and warehouses in Europe and Asia, are now part of Avery Dennison’s global footprint. Export sales will continue to serve customers in South America, Asia Pacific, the Middle East, and North Africa.

The transaction excludes the Mactac business in the U.S., Canada and Mexico which will continue to be owned by Platinum Equity.

See also

Avery Dennison partners with Tosca to save up to 800 tons of CO2 emissions from its european supply chain annually

Avery Dennison Labels and Packaging Materials is partnering with Tosca, a global leader in reusable plastic packaging and pooling solutions for the supply chain. The partnership means Avery Dennison LPM is aiming to switch a substantial portion of its product distribution across the continent to plastic pallets with a goal to save over 800 tons of CO2 emissions from its European supply chain annually.

Avery Dennison opens Intelligent Label Solutions Lab in India

Avery Dennison, a global leader in intelligent label solutions and the world’s largest ultra-high frequency radio-frequency identification partner, has officially opened its first intelligent label innovation space in the Asia Pacific and Sub Saharan Africa region. The new Avery Dennison I.Lab, located in Pune, India, is an interactive facility that provides customers and partners with hands-on experiences, live demonstrations and technical support, to help converters and partners explore the opportunities surrounding intelligent label solutions and RFID adoption.

Avery Dennison inspires designers, converters and brand owners with new award-winning ‘Black & White’ inspirational envelope

A collaboration of Avery Dennison with Italian design agency Smith Lumen and Italian printer Rotas Italia has resulted in an award-winning design project in wine & spirits. Converters, designers and brand owners are now being invited to receive their own copy of the ‘Black & White’ envelope, with its set of inspiring wine and spirits labels that follow a common design theme.

Avery Dennison Advanced Adhesives portfolio improves performance, productivity and sustainability

Under the theme 'a grip on any challenge', Avery Dennison is launching an Advanced Adhesives portfolio that expands converters’ options with four new adhesive choices - including a clear non-yellowing hotmelt adhesive for chilled food applications; a reclosure adhesive with high solvent resistance for household wipes; a compostable adhesive for fruit and vegetable packaging; and a heat-activated adhesive for automotive textile labelling.

  • Company News
  • English
  • Modified 05 Aug 2016
  • Hits 939