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Multi-Color Corp. purchases division of Avery Dennison

Multi-Color Corp. (Cincinnati, OH) completed the purchase of the North and South American Decorating Technologies Div. of Avery Dennison Corp. (Framingham, MA).

Avery Dennison’s Dec Tech div., the pioneer of heat transfer label technology, is a $20 million supplier of heat transfer labels in North and South America to the health and beauty aids, beverage, and food industries.

With approximately 40% of its sales outside the United States, Dec Tech expands Multi-Color’s sales base in Latin and South America, while adding narrow-web gravure printing capability to Multi-Color’s wide-web gravure, flexographic, and lithographic printing platforms.

Multi-Color also takes ownership of all North and South American patents and trademarks related to the Dec Tech business, including Clear ADvantage “no-label-look” heat transfer labels. Dec Tech has received numerous industry awards for innovation and graphic excellence. This is Multi-Color’s third acquisition since October, 2001.

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