Avery Dennison Completes Hanita Coatings Acquisition
March 02 2017 - 8:00AM
Business Wire
Avery Dennison Corporation (NYSE:AVY) today announced it has
completed the acquisition of Hanita Coatings, a pressure-sensitive
materials manufacturer of specialty films and laminates, from
Kibbutz Hanita and Tene Investment Funds.
Headquartered in northern Israel with sales and distribution
facilities in the United States, Germany, China and Australia,
Hanita develops and manufactures coated, laminated and metallized
polyester films for a range of industrial and commercial
applications.
Hanita Coatings will be known as Avery Dennison Hanita and will
continue its operations as a distinct business unit.
About Avery Dennison
Avery Dennison (NYSE: AVY) is a global leader in
pressure-sensitive and functional materials and labeling solutions
for the retail apparel market. The company’s applications and
technologies are an integral part of products used in every major
industry. With operations in more than 50 countries and more than
25,000 employees worldwide, Avery Dennison serves customers in the
consumer packaging, graphical display, logistics, apparel,
industrial and healthcare industries. Headquartered in Glendale,
California, the company reported sales of $6.1 billion in 2016.
Learn more at www.averydennison.com
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version on businesswire.com: http://www.businesswire.com/news/home/20170302005113/en/
Avery Dennison Media ContactRob Six, +1
626-304-2361rob.six@averydennison.comorAvery Dennison Investor
RelationsGarrett Gabel, +1
626-304-2399investorcom@averydennison.com
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