DCF Completes Cross-Border Packaging Transaction
Multi-Color Corporation acquires Collotype International Holdings Pty. Ltd.
Deloitte Corporate Finance LLC (DCF) is pleased to announce its role as financial advisor to Multi-Color Corporation (Multi-Color) regarding its acquisition of Collotype International Holdings Pty. Ltd. (Collotype) for $185 million.
The DCF team worked together with Multi-Color on this cross-border packaging transaction, supporting Multi-Color’s vision of building a global platform in the consumer labels business. Throughout the transaction, the DCF team assisted Multi-Color with buyer due diligence, compilation of pro-forma financial information, drafting purchase agreements, and the signing and closing of the transaction.
This engagement highlights DCF’s cross-border investment
banking experience and its proven ability to execute cross-border transactions. Additionally, it is yet another example of DCF’s deep knowledge of the packaging sector.
About Multi-Color and Collotype
Sharonville, OH-based Multi-Color Corporation provides Global Label Solutions through its two business units: North American Business Unit and International Business Unit. Established in 1916, Multi-Color has grown to support some of the world’s most prominent brands, including leading producers of health and beauty, food and beverage, personal care, automotive and household brands. Multi-Color is now the world’s largest producer of in-mold labels and one of the largest producers of pressure sensitive and heat transfer labels, and a major manufacturer of high-quality wet glue labels and shrink sleeves. Multi-Color now has 14 manufacturing locations worldwide: eight in the U.S., five in Australia and one in South Africa.
Established in 1903, Collotype generates over $130 million in annual revenues and is the world’s leading pressure sensitive wine and spirits label manufacturer, and a growing provider of labels in the fast-moving consumer goods marketplace in Australia. Collotype is based in Adelaide, Australia and has operations in Australia, South Africa and the United States. Collotype is known for its innovation and high quality in the wine and spirits market. Collotype produces labels for eight of the top 15 global wine brands, and its major customers include Diageo, Pernod Ricard, Constellation, Foster's, Gallo, The Wine Group, Bronco, Trinchero, Distell and KWV.