Avery Dennison - M&A Summary and Business Overview

Consumer ProductsCompany

Avery Dennison M&A Summary

Avery Dennison has acquired 14 companies, including 4 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 1 asset.

Avery Dennison’s largest acquisition to date was in 2021, when it acquired Vestcom for $1.5B. It’s largest disclosed sale occurred in 2013, when it sold Avery Dennison Label Converting & Consumer Products to CCL Industries for $500M. Avery Dennison has acquired in 9 different US states, and 6 countries. The Company’s most targeted sectors include chemicals (29%) and packaging (22%).

Avery Dennison Business Overview

Where is Avery Dennison headquartered?

Avery Dennison is headquartered in Mentor, Ohio.

What is Avery Dennison’s revenue?

Avery Dennison disclosed revenue of 9,039M USD for 2022 and 8,408M USD for 2021.

How many employees does Avery Dennison have?

Avery Dennison has 44,060 employees.

What sector is Avery Dennison in?

Avery Dennison is a consumer products company.

When was Avery Dennison founded?

Avery Dennison was founded in 1935.

M&A Summary

  • M&A Total Activity15
    • M&A Buy Activity14
    • M&A Sell Activity1
  • Total Sectors Invested 9
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 9
  • M&A Advisors 4

Avery Dennison

Avery Dennison Corp.

8080 Norton Parkway,
Mentor, Ohio 44060
United States,
(440) 534-6000
www.averydennison.com

Avery Dennison is a global provider of labeling and packaging materials and solutions. Avery Dennison's businesses include the production of pressure-sensitive materials and a variety of tickets, tags, labels and other converted products. Some pressure-sensitive materials are sold to label printers and converters that "convert" the materials into labels and other products through embossing, printing, stamping and die-cutting. Some are sold in converted form as tapes and reflective sheeting. Avery Dennison also manufactures and sells a variety of other converted products and items not involving pressure-sensitive components, such as fasteners, tickets, tags, radio-frequency identification inlays and tags, and imprinting equipment and related services, which are marketed to retailers and apparel manufacturers and brand owners. Avery Dennison was incorporated in 1935 and is based in Mentor, Ohio.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 11 - 3 - - - 14
vol $2.2B $1.6B $3.8B
Sell (0.0/yr) # 1 - - - - - 1
vol $500M $500M
  15

Most Recent M&A

Company Date Value Type
Vestcom, Inc. 2021-07-28 1.5B USD Add-on Acquisition
Little Rock, Arkansas · www.vestcom.com
JDC Solutions, Inc. 2021-02-15 24M USD Add-on Acquisition
Mt Juliet, Tennessee · www.jdcinc.com
ACPO Ltd. 2021-01-04 88M USD Add-on Acquisition
Oak Harbor, Ohio · www.acpo.com
Smartrac NV - RFID Inlay Business 2019-11-20 254M EUR Divestiture
Amsterdam, Netherlands
Finesse Medical Ltd. 2017-05-22 - Add-on Acquisition
Longford, Ireland · www.finessemedical.com
Yongle Tape Co. Ltd. 2017-02-06 190M USD Add-on Acquisition
Hebei, China · www.yongletape.com
Hanita Coatings RCA Ltd. 2016-12-12 75M USD Add-on Acquisition
Hanita, Israel · www.hanitacoatings.com
Ink Mill Corp. 2016-09-12 - Add-on Acquisition
Sanbornton, New Hampshire · www.inkmillcorp.com
Mactac Europe SPRL 2016-04-27 225M EUR Divestiture
B-7060, Belgium · www.mactac.eu
Avery Dennison Label Converting & Consumer Products 2013-01-30 500M USD Divestiture
, United States
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Chemicals 4 (29%) 289M (8%) - -
Packaging 3 (21%) 313M (8%) - -
Business Services 1 (7%) 1.3B (35%) 1 (100%) 500M (100%)
Apparel/Textiles 1 (7%) - - -
Distribution 1 (7%) - - -
Healthcare Services 1 (7%) - - -
Marketing 1 (7%) 1.5B (38%) - -
Safety/Security 1 (7%) 137M (4%) - -
Semiconductors 1 (7%) 254M (7%) - -
Total 14 $3.8B 1 $500M

By Geo

State/Country Buy Value Sell Value
United States 9 3.0B 1 500M
  Wisconsin 1 - - -
  Tennessee 1 24M - -
  Ohio 1 88M - -
  North Carolina 1 - - -
  New York 1 1.3B - -
  New Hampshire 1 - - -
  Illinois 1 137M - -
  California 1 - - -
  Arkansas 1 1.5B - -
Belgium 1 225M - -
China 1 190M - -
Ireland 1 - - -
Israel 1 75M - -
Netherlands 1 254M - -
Domestic 9 (64%) 3.0B (80%) 1 (100%) 500M (100%)
Cross-border 5 (36%) 744M (20%) - -
Total 14 $3.8B 1 $500M

Top M&A Advisors

Financial Deals
J.P. Morgan Securities
 1
Goldman Sachs
 1
Legal Deals
Wachtell, Lipton, Rosen & Katz
 1
Latham & Watkins
 1

Deal Values

buy # Total
> $1B 2 $2.8B
$100M to $1B 4 $806M
< $100M 3 $187M
TOTAL $3.8B
Largest Vestcom, Inc.
$1.5B (2021-07-28)
sell # Total
$100M to $1B 1 $500M
TOTAL $500M
Largest Avery Dennison Label Converting & Consumer Products
$500M (2013-01-30)

M&A Connections

Deals
Acquired from
Investor(s)
36%
5 (36%)
Strategic(s)
14%
2 (14%)
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Consumer Products

Revenue

9,039   8% 2022
8,408   21% 2021
6,972   2% 2020
7,070   2% 2019
7,159   9% 2018
6,614   9% 2017
6,087   3% 2016
5,967   6% 2015
6,330   4% 2014
6,140   5% 2013
5,863   2012
(millions of USD) Show More Show Less

Employees

44,060

Established

1935

Public

NYSE: AVY

 Subscribe to unlock this and 201,688
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Avery Dennison

Ohio Companies , Consumer Products Companies , United States Companies , Ohio Consumer Products Companies , Ohio Consumer Products with Acquisitions , Ohio Consumer Products with Divestitures

Related Lists for Ohio Companies

Largest Ohio Companies , Acquisitive Ohio Companies , Recently Acquired Ohio Companies , Recently Sold Ohio Companies , Private Ohio Companies , Public Ohio Companies , Acquired Ohio Companies , PE Backed Ohio Companies

Related Lists for Consumer Products Companies

Largest Consumer Products Companies , Acquisitive Consumer Products Companies , Recently Acquired Consumer Products Companies , Recently Sold Consumer Products Companies , Private Consumer Products Companies , Public Consumer Products Companies , Acquired Consumer Products Companies , PE Backed Consumer Products Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal