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American materials science company Avery Dennison acquires Vestcom
06 Sep '21
1 min read
Pic: Avery Dennison
Global materials science and manufacturing company specialising in the design and manufacture of a wide variety of labelling and functional materials Avery Dennison Corporation has announced that it has completed the acquisition of Arkansas, US-based Vestcom for the purchase price of $1.45 billion, which is subject to customary adjustments.
Vestcom is a market-leading provider of pricing and branded labelling solutions at the shelf-edge for retailers and consumer packaged goods companies. It uses data management capabilities to synthesise and streamline store-level data and deliver item-specific, price-integrated messaging at the shopper’s point of decision, Avery Dennison said in a statement.
Vestcom is now an Avery Dennison company.
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