Last week, news from Avery Dennison regarding its latest acquisition drew the most reader interest (Avery Dennison Acquires ACPO): “Avery Dennison recently announced that it has acquired the business of Ohio-based ACPO Ltd. for the purchase price of $87.6 million, subject to certain post-closing adjustments. With approximately 170 employees, ACPO produces pressure-sensitive overlaminate products for the label and flexible packaging markets.
“Avery Dennison has acquired the majority of ACPO’s assets, including coating, finishing, and distribution operations at its Oak Harbor, Ohio, headquarters, as well as three finishing and distribution sites in Atlanta, Ga.; Oak Creek, Wis.; and Vancouver, Wash. ACPO employees will transition to the Avery Dennison Label and Graphic Materials team.
“‘Our acquisition of ACPO will further strengthen our leadership in core label materials segments,’ said Mitch Butier, Avery Dennison’s chairman, president, and CEO. ‘By adding ACPO’s well-regarded and complementary overlaminate product, we are increasing our product portfolio and adding even more value for our customers.’”
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Top 5 News that Sticks for January 10-16
- Avery Dennison Acquires ACPO
- DuPont Board Approves Separation of Nutrition & Biosciences Business through Exchange Offer
- Henkel Invests in MRO Startup Feelit
- AkzoNobel Acquires New Nautical Coatings
- Conley Promoted to National Business Development Manager for Mule-Hide Products
This weekly roundup highlights the adhesives, sealants, and coatings-related news stories that garnered the most attention during the previous week on our website, as well as our eNewsletters and social media platforms.