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Press Releases - Materials Group

  • 12/5/16 6:00 am PST
    GLENDALE, Calif. & CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--Global labeling and packaging materials manufacturer Avery Dennison Corporation (NYSE:AVY) has signed a wind power purchase agreement (PPA) with Apex Clean Energy to offset 50 percent of the company’s U.S.-based greenhouse gas emissions derived from electricity consumption, signaling commitment by Avery Dennison to renewable energy and energy efficient practices and technology. Under the agreement with Apex’s Perryton Wind, a 299more...
  • 4/27/16 3:47 am PDT
    GLENDALE, Calif.--(BUSINESS WIRE)--Avery Dennison (NYSE:AVY) today announced a definitive agreement to acquire the European business of Mactac from Platinum Equity, a California-based private equity firm, for the purchase price of €200 million including assumed debt. With 2015 year-end run-rate revenues of €147 million, or approximately $170 million, and approximately 470 employees, the business is a leading manufacturer of high-quality pressure-sensitive materials, servingmore...