Avery Dennison Completes Acquisition of Vestcom

Avery Dennison Completes Acquisition of Vestcom

PRESS RELEASE

FOR IMMEDIATE RELEASE

GLENDALE, Calif. — AUGUST 31, 2021 — Avery Dennison Corporation (NYSE: AVY) today announced it completed the acquisition of Vestcom for the purchase price of $1.45 billion, subject to customary adjustments.

Vestcom, is a market-leading provider of pricing and branded labeling solutions at the shelf-edge for retailers and consumer packaged goods companies. It uses data management capabilities to synthesize and streamline store-level data and deliver item-specific, price-integrated messaging at the shopper’s point of decision. Vestcom is now an Avery Dennison company. 

###

About Avery Dennison

Avery Dennison Corporation (NYSE: AVY) is a global materials science and manufacturing company specializing in the design and manufacture of a wide variety of labeling and functional materials. The company’s products, which are used in nearly every major industry, include pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical and retail applications; tags, labels and embellishments for apparel; and radio-frequency identification (RFID) solutions serving retail apparel and other markets. Headquartered in Glendale, California, the company employs approximately 32,000 employees in more than 50 countries. Reported sales in 2020 were $7.0 billion. Learn more at www.averydennison.com.

Media Contacts

Avery Dennison
Rob Six
(626) 304-2361
rob.six@averydennison.com

Investor Relations
John Eble
(440) 534-6290
john.eble@averydennison.com

PDF Version


© 2021 Avery Dennison Corporation, All Rights Reserved.

Various trademarks and trade names are used herein and are the property of their respective owners.