CINCINNATI, OHIO -- Multi-Color Corporation (NASDAQ: LABL) 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."
Cincinnati, Ohio, U.S.A. based Multi-Color Corporation (MCC) established in 1916, is a leader in global label solutions supporting a number of the worlds 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).
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