Industry News, Mergers and Acquisitions, Printers News

MCC Acquires In-Mold Label Manufacturer Stephanos Karydakis IML

Acquisition expands MCC’s in-mold labeling network, creates new foothold to complement its position in Europe, Middle East and Africa.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Multi-Color Corporation announced the acquisition of Greece-based Stephanos Karydakis IML SA, a leading provider of in-mold label (IML) solutions. Financial terms of the transaction were not disclosed. The new business will be known as MCC Karydakis. IML is a high-growth labeling technology in which pre-printed labels are inserted into a packaging mold during a container’s manufacturing process, creating a fully recyclable, cost-effective, durable and consistent product. “Karydakis has con...

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