Avery Dennison has acquired Acpo in order to strengthen its position in the market for label materials.
Acpo specialises in pressure-sensitive overlaminate products for the label and flexible packaging markets. Avery Dennison has acquired the majority of Acpo’s assets, including coating, finishing and distribution operations at its Oak Harbor, Ohio headquarters, as well as three finishing and distribution sites in Atlanta, Georgia, Oak Creek, Wisconsin, and Vancouver, Washington.
Acpo has approximately 170 employees, who will transition to the Avery Dennison Label and Graphic Materials (LGM) team.
Mitch Butier, chairman, president and CEO at Avery Dennison, said, ‘Our acquisition of Acpo will further strengthen our leadership in core label materials segments. By adding Acpo’s well-regarded and complementary overlaminate product, we are increasing our product portfolio and adding even more value for our customers.’
Jeroen Diderich, vice president and general manager, Avery Dennison LGM, North America, said, ‘Our top priority is to ensure industry-leading service, quality and unmatched customer responsiveness for customers of both businesses. We look forward to leveraging Acpo’s strengths, learning from their people, and welcoming them as valued members of the Avery Dennison family.’
Missy Larick, chief operating officer of Esperia Holdings, the holding company of Acpo, said, ‘As anyone in our industry knows, Avery Dennison is a strong, sophisticated global organisation and a brand known and respected worldwide, which will help accelerate the commercialization of Acpo products around the globe. We know that tapping into the know-how of Avery Dennison’s materials scientists, with their expertise in adhesives, base labels, and surface chemistry, will dramatically accelerate innovation of Acpo products.’
