Multi-Color Corporation (MCC) has announced the 100% acquisition of Multi Labels Ltd, effective, January 5, 2015.
Multi Labels is based in Daventry, near London, England and specializes in premium alcoholic beverage labels, especially for spirits and imported wine with annual revenues of approximately £10m (USD15m).
This acquisition completes MCC's plans for Wine and Spirit labels in the UK and Ireland, complementing our Glasgow and Dublin operations. Multi Labels' technology and supply base is common to our operations.
Nick Monk and the management team will continue to run the business. "We welcome Nick and the team to our group and look forward to continuing to grow the Daventry based operation together." said Nigel Vinecombe, MCC President and CEO.
Nick Monk, Multi Labels / Managing Director commented: "The Multi Labels team looks forward to an even brighter future as part of MCC, global leaders in Wine and Spirit labels.”
Source: Multicolor Corporation