M&A Deal Summary

Multi-Color Acquires Korsini

On April 6, 2023, Multi-Color acquired packaging company Korsini

Acquisition Highlights
  • This is Multi-Color’s 14th transaction in the Packaging sector.
  • This is Multi-Color’s 1st transaction in Turkey.

M&A Deal Summary

Date 2023-04-06
Target Korsini
Sector Packaging
Buyer(s) Multi-Color
Deal Type Add-on Acquisition

Target

Korsini

Gaziemir, Turkey
website
Korsini is a provider of in-mold label (IML) solutions. Korsini offering products and services to more than 60 countries around the world. Korsini was founded in 2004 and is based in Gaziemir, Turkey.

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Buyer(S) 1

Buyer

Multi-Color

Batavia, Ohio, United States

website


Category Company
Founded 1916
Sector Packaging
Employees3,550
Revenue 1.3B USD (2018)
DESCRIPTION

Multi-Color is a provider of label solutions supporting a number of brands including leading producers of home and personal care, wine and spirit, food and beverage and specialty consumer products. MCC serves international brand owners in North, Central and South America, Europe, Australia, New Zealand, South Africa and China with a comprehensive range of the latest label technologies in Pressure Sensitive, Cut and Stack, In-Mold, Shrink Sleeve and Heat Transfer. Multi-Color was founded in 1916 and is based in Batavia, Ohio.


DEAL STATS #
Overall 17 of 17
Sector (Packaging) 14 of 14
Type (Add-on Acquisition) 13 of 13
Country (Turkey) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-12 Lux Global Label

Lafayette Hill, Pennsylvania, United States

Lux Global Label is a provider of high-quality labeling, security, and specialty packaging solutions. Lux specializes in prime decoration, including labels, sleeves, sachets, and coupons, for some of the world’s most respected companies in branded consumer products industry. Lux Global Label was founded in 2017 and is based in Lafayette Hill, Pennsylvania.

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