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Skanem sold labels operation to MCC
Multi-Color Corporation, one of the largest label companies in the world, today announced the acquisition of Skanem Group’s label operations in Europe and Thailand from the Skanem Group.
The transaction is expected to close during Q4 2021. Financial terms were not disclosed.
Multi-Color Corporation is acquiring seven of Skanem Group’s facilities in Denmark, Norway, Poland, Sweden, the United Kingdom and Thailand. The transaction excludes Skanem’s label operations in India and Kenya.
Cincinnati, Ohio, U.S.A. based Multi-Color Corporation (MCC), established in 1916, is a leader in global label solutions supporting a number of the world’s most prominent brands. MCC employs over 9,000 associates across over 70 label producing operations globally.
Founded in 1905 and headquartered in Stavanger, Norway, Skanem Group is a leading provider of pressure-sensitive labels to international and regional customers in the food, personal care, home care, automotive and other markets.
Skanem sold its labels business in Europe & Thailand to MCC
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