Top 5 News that Sticks
Readers Most Interested in Avery Dennison’s Acquisition Announcement
Avery Dennison’s acquisition news received the most reader interest last week.
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.
Top 5 News that Sticks for May 1-7