Multi-Color acquires Collotype

Multi-Color Corporation has signed a Letter of Intent to acquire Collotype International Holdings.

Headquartered in Adelaide, South Australia, Australia, Collotype is a pressure sensitive wine and spirits label manufacturer with market share in Australia, the United States and South Africa, and is a growing provider of labels in the fast-moving consumer goods marketplace.

Multi-Color, headquartered in the Cincinnati, Ohio area, is a supplier of a broad range of label solutions to the North American consumer products marketplace, including in-mold labels, heat transfer labels, cut-and-stack and pressure sensitive labels and shrink sleeves.

Multi-Color president and CEO Frank Gerace said, ‘This transaction will be a large step towards our strategy of building a global platform in the consumer labels business, capable of serving premium brands by leveraging complimentary technologies, innovation, talent and customer relationships. I am especially pleased to welcome Nigel Vinecombe and his management team to Multi-Color upon closing of the transaction. I look forward to growing our business together.’

Collotype group managing director Nigel Vinecombe added, ‘Collotype and Multi-Color are natural partners - both businesses are recognized for leadership in quality, innovation, technology and services to our customers. The Collotype management team is excited about contributing to the growth of the combined group.’

Upon completion of the transaction, Nigel Vinecombe will become president of Multi-Color's international business unit. Don Kneir will continue as president of Multi-Color's North American business unit.