Multi-Color acquires French wine label converter

Multi-Color Corporation has acquired French wine label printer Monroe Etiquette in a deal worth 8 million euros (USD $10.14 million). Monroe will be incorporated into the US converter’s European Wine & Spirit label group.  

Monroe Etiquette is centrally located in Montagny, near Lyon, and has annual revenues of approximately 7 million euros.

MCC president and CEO Nigel Vinecombe said: ‘Monroe Etiquette represents the ideal local entry into the French market and is very complimentary to our recent acquisition of Guidotti CentroStampa in Italy. Stanislas Monroe and his team will continue to run the business based in Montagny. The quality of this business is second to none and will enhance the Collotype Wine & Spirit label division’s global leadership position.’

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