Multi-Color Corporation (MCC) is pleased to announce the
100% acquisition of New Era Packaging (New Era) effective February 2nd, 2015. New
Era is based near Dublin, Ireland and specializes in labels for the healthcare,
pharmaceutical and food industries with annual revenues of approx. €12m
(USD14m).
This acquisition creates a greater focus on the growing
healthcare label market. New Era's Joint
Managing Director John Peat and the management team will continue to run the
business and operate from their current facility.
MCC President and CEO Nigel Vinecombe stated, "We are
excited to have John and team join us.
We supply the Healthcare label market in the USA, Canada, Mexico and
Poland and see Europe as a large market we can develop, especially with the
expertise from New Era."
John Peat - New Era's Joint Managing Director commented,
"We are delighted to be joining MCC and are looking forward to the
opportunities this will bring."
