Wednesday, July 02 15:24:11
Dublin's Multiprint Labels Limited has been bought by US-based Multi-Color Corporation for an undisclosed sum.
Multiprint specialises in Pressure Sensitive Beverage labels for Ireland and the UK.
They have common markets, technologies and supply chain with MCC's Glasgow UK operation. Multiprint will continue to be run by John Woods, reporting to the group's UK President, Alex Mulvenny.
Multiprint revenues are approximately USD7 million per annum, the statement from Multi-color said.
"We are delighted to have John and team join MCC and provide us with a local operation in Ireland to serve our existing and potential customers there, as well as in the UK," said Nigel Vinecombe, President and Chief Executive Officer.