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Avery Dennison Announces Completion of Sale of European Package Label Operations

Published on 2003-10-15. Author : SpecialChem


Avery Dennison Corporation announced that it has completed the sale of its package label converting business in Europe, as previously announced , to CCL Industries Inc., a label and packaging solutions company based in Toronto, Canada. The transaction involves the sale of two label converting facilities in Denmark and one in France.

Avery Dennison is a global leader in pressure-sensitive technology and innovative self-adhesive solutions for consumer products and label materials. Based in Pasadena, Calif., the Company had 2002 sales of $4.2 billion. Avery Dennison develops, manufactures and markets a wide range of products for consumer and industrial markets, including Avery-brand office products and graphics imaging media, Fasson-brand self-adhesive materials, peel-and-stick postage stamps, reflective highway safety products, automated retail tag, labeling and branding systems, and specialty tapes and polymers.

Source: Avery Dennison Corporation

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