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MCC Expansions Increase Forecasted Annualized Revenues to USD900 million

Tuesday, May 05, 2015

Press release from the issuing company

Cincinnati, Ohio - Multi-Color Corporation (MCC) is pleased to announce the following acquisitions and start up.

France Wine and Spirit Labels

Effective May 5, 2015, the 100% acquisition of the Barat Group in Bordeaux and Burgundy with revenues of €28 million (USD 30 million) in 2014. Bordeaux is one of the world's largest and most premium wine regions and MCC is delighted to now have operations in the region. In addition, Barat's Burgundy operation will dovetail with MCC's existing Burgundy operation. This acquisition, when combined with MCC's existing French operations, creates the largest label market share in the largest bottled wine market in the world. It also underlines our commitment to enhancing our position as the only global wine and spirit label producer.

Spain Wine and Spirit Labels

Effective April 2015 we are producing wine and spirit labels from our newly opened start-up operation in La Rioja, Spain. La Rioja is the largest and most premium wine region in Spain. Spain is the third largest wine producer globally, after France and Italy.

Australian Food and Beverage Labels

Effective May 1, 2015, we have acquired 100% of Mr. Labels business in Brisbane, Queensland Australia. This business has revenues of approximately AUD4 million (USD3m) pa for primarily Food and Beverage customers. It will be consolidated into our existing Brisbane Food and Beverage operation.

 

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Label & Packaging Editor

Jennifer Matt

Patrick Henry, Section Editor
Pat has covered graphic communications for nearly 30 years as a reporter, an editor, and a commentator.

 

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