Multi-Color Corporation acquires European spirit and wine label specialists

Multi-Color Corporation has entered into agreements to acquire 100 percent of John Watson & Company Limited, based in Glasgow, Scotland and Gern & Cie SA, based in Neuchatel, Switzerland.

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Both acquisitions were expected to be completed on October 1 2013 and be immediately accretive. Combined annual revenues are approximately USD 20 million.

Wet glue spirit label producer John Watson & Company is well located for its key customers and complementary with MCC's existing Glasgow business (formerly Labelgraphics), pressure sensitive spirit and wine label producer.

Wine label producer Gern & Cie SA islocated in the French speaking wine region of Neuchatel with the same customer expectations and technologies as Multi-Color’s existing French operations.

MCC president and CEO Nigel Vinecombe, stated: "These acquisitions strengthen our leadership position in the large European wine and spirit label markets. We are delighted that both management teams will continue to run the businesses, allowing for the current owners, John Watson and Michel Quinche to retire after successfully leading their companies to the best in their markets.’

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