Avery Dennison is expanding its global business serving the apparel and retail industries. The company is to acquire RVL Packaging, a privately held global supplier of private label brand identification products to both manufacturers and retailers. It will also purchase L&E Packaging, RVL’s key printing partner, which offers a range of offset, screen and flexo products tailored to the specific needs of the apparel and retail industries. Terms of the deals have not been revealed.
RVL, based in Westlake Village, California, employs approximately 700 individuals globally and operates in 23 countries. The company recently completed a state-of-the-art label printing facility in Statesville, NC. L&E is based in Greensboro, NC, where its primary manufacturing facility is located. It also has offset and flexo printing operations in Hong Kong and Mexico, and has a workforce of about 560.
Both operations will become part of AD’s Retail Information Services operation. The expanded business is expected to generate annual sales of more than $500M and will offer a complete brand identification and supply chain management solution for apparel manufacturers and retailers, including tag and label design and printing, inventory and shipment tracking, and data management systems.
More information from: Margaret Dishman, Avery Dennison – TEL: +1 (0)1670 14361.