Avery Dennison recently announced a definitive agreement to acquire the European business of Mactac from Platinum Equity, a California-based private equity firm, for the purchase price of €200 million (~ $ 225 million) including assumed debt. Mactac Europe reportedly had 2015 year-end run-rate revenues of €147 million (~ $170 million) and approximately 470 employees. Mactac’s core product lines complement Avery Dennison’s existing graphics portfolio.

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Top 5 News that Sticks for May 1-7

1. Avery Dennison to Acquire Mactac Europe (#2 last week)

2. Kuraray America Opens $300 Million Plant

3. W.R. Grace to Purchase BASF’s Polyolefin Catalysts Business

4. PPG Donates Paint for Final Space Shuttle External Tank Journey

5. Bostik Receives Supplier Innovation Award