Irish label company acquired by U.S. firm
By Canadian Packaging staffGeneral Coding & Labeling Label company acquisition Multi-Color Corporation New Era Packaging
Multi-Color Corporation acquires healthcare label specialist New Era Packaging.
Cincinnati, OH—Multi-Color Corporation (MCC) is pleased to announce the 100 per cent acquisition of New Era Packaging effective February 2, 2015.
Based near Dublin, Ireland, New Era Packaging specializes in labels for the healthcare, pharmaceutical and food industries with annual revenues of approx. €12-million (Cdn $17.2-million).
This acquisition creates a greater focus on the growing healthcare label market. New Era joint managing director John Peat and the management team will continue to run the business and operate from their current facility.
MCC president and chief executive officer Nigel Vinecombe states, “We are excited to have John and team join us. We supply the Healthcare label market in the U.S., Canada, Mexico and Poland and see Europe as a large market we can develop, especially with the expertise from New Era.”
Established in 1916, the Cincinnati, OH-based Multi-Color Corporation is a leader in global label solutions supporting a number of the world’s most prominent brands including leading producers of home and personal care, wine and spirit, food and beverage and specialty consumer products. MCC serves international brand owners in North, Central and South America, Europe, Australia, New Zealand, South Africa and China with a comprehensive range of the latest label technologies in pressure sensitive, cut and stack, in-mold, shrinksleeve and heat transfer.
The company employs over 3,350 associates across 32 operations globally. For additional information on Multi-Color, please visit www.mcclabel.com.