Avery Dennison has reached an agreement to acquire Mactac Europe.
Specifically, this includes Mactac's manufacturing facility in Soignies, Belgium and a number of sales offices and warehouses throughout Europe, as well as in China and Singapore. It also includes our export business to South America, Asia Pacific, the Middle East and Africa.
The transaction excludes Mactac’s business in the U.S., Canada and Mexico, and our exports from North America.
The Mactac brand and its unique position in the marketplace will remain intact. Specifically, customers will continue to receive the same products and services you’ve come to expect, whether under the Mactac or the Multifix brand. Customers will also benefit from increased access to industry knowledge, technologies and R&D capabilities.
As of today it’s business as usual. We are focused on ensuring that you do not experience any disruption in your service due to this process. We will continue to keep you informed as we work through the required and advisable regulatory approvals.
Mactac Europe
Avery Dennison