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R&D-focused business expands company’s capabilities in specialty films categories.
December 13, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Avery Dennison announced it has agreed to acquire Hanita Coatings, a pressure-sensitive materials manufacturer of specialty films and laminates from Kibbutz Hanita Coatings and Tene Investment Funds, for the purchase price of $75 million, subject to customary adjustments. Headquartered in Israel with sales and distribution facilities in the US, Germany, China and Australia, Hanita Coatings develops and manufactures coated, laminated, and metallized polyester films for a range of industrial a...
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