Multi-Color Corporation has acquired the Di-na-cal label business from Graphic Packaging International, Inc., effective immediately.
Di-na-cal operates manufacturing facilities in Cincinnati, Ohio and Greensboro, North Carolina and provides decorative label solutions primarily in the heat transfer label markets for Home & Personal Care and Food & Beverage through long-standing relationships with blue chip national and multi-national customers. Revenues related to the Di-na-cal business for calendar 2013 were approximately USD 64 million.
MCC President and CEO, Nigel Vinecombe said, "We are delighted to be able to extend our leadership position in the heat transfer label market and support a number of new customers with a broader range of label technologies. We welcome the Di-na-cal team to Multi-Color and thank Graphic Packaging for this opportunity."