Platinum Equity to sell Mactac European business to Avery Dennison
Avery Dennison is to acquire the European business of Mactac from Platinum Equity, a California-based private equity firm, for the purchase price of EUR200 million including assumed debt. With 2015 year-end run-rate revenues of EUR147 million, or approximately USD170 million, and approximately 470 employees, the business is a leading manufacturer

