Multi-Color Acquires Di-Na-Cal Label Business from Graphic Packaging
CINCINNATI—February 3, 2014—Multi-Color Corp. has acquired the Di-na-cal label business from Graphic Packaging International, effective immediately.
Di-na-cal operates manufacturing facilities in Cincinnati, and Greensboro, NC, and provides decorative label solutions primarily in the heat transfer label markets for home and personal care and food and 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."
About Multi-Color Corp.
Cincinnati-based Multi-Color Corp. (MCC), established in 1916, 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, shrink sleeve and heat transfer. MCC employs over 3,100 associates across 31 operations globally and is a public company trading on the NASDAQ Global Select Market (company symbol: LABL).