Receive our newsletter – data, insights and analysis delivered to you
March 15, 2012

MCC to buy spirit and wine labeller

US-based producer of printed in-mould labels Multi-Color (MCC) has signed an agreement to acquire 100% ownership of Scottish whisky label specialist Labelgraphics for £16.5m.

By Srivani Venna

US-based producer of printed in-mould labels Multi-Color (MCC) has signed an agreement to acquire 100% ownership of Scottish whisky label specialist Labelgraphics for £16.5m.

The acquisition of Labelgraphics, which offers services to the UK spirit and wine markets with annual revenues of about £13m, will support MCC’s aim to serve the UK market and extends the company’s position globally.

MCC said that the deal, which is expected to close in the first week of April and includes a three-year earn-out for Labelgraphics’ owners, would allow it to tap into the growing global export market for Scottish spirits.

The company is also looking for significant growth from Labelgraphics, which has recently moved to a new facility in Glasgow.

According to MCC, Labelgraphics will become part of the current European group with operations in Italy, France and Poland.

MCC president and CEO Nigel Vinecombe said that the relationship with Labelgraphics has been an excellent one for many years.

Content from our partners
GMP: The food sector’s golden rules (and how they will evolve)
Food fraud in the supply chain (and how to fix it)
Cutting-edge innovation in fish packaging

In October last year, MCC completed the acquisition of Adhesion-owned packaging label provider York Label in a deal worth $356m.

MCC provides label solutions for home and personal care, wine and spirit, food and beverage and specialty consumer products, serves international brand owners in North, Central and South America, Europe, Australia, New Zealand, South Africa and China, and hopes to achieve annual revenues over $650m for FY13.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The packaging industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU