GLENDALE, Calif. -- (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
View source version on businesswire.com: http://www.businesswire.com/news/home/20170302005113/en/
Contacts:
Avery Dennison Media Contact
Rob Six, +1 626-304-2361
rob.six@averydennison.com
or
Avery
Dennison Investor Relations
Garrett Gabel, +1 626-304-2399
investorcom@averydennison.com
Source: Avery Dennison Corporation
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