Aug 3, 2022
3 min

Avery Dennison Corporation (NYSE: AVY) Company Profile

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Company Profiles

Nitheesh NH
Avery Dennison Corporation
Sector: Retail technology Country(ies) of operation: Operates in over 50 countries Key product categories: Tickets, tags, labels and other converted products, as well as pressure-sensitive components, such as fasteners, tickets, tags, radio-frequency identification inlays and tags, imprinting equipment and related solutions, in addition to shelf-edge pricing, productivity and consumer engagement solutions Annual Metrics [caption id="attachment_152994" align="aligncenter" width="700"]Annual Metrics Fiscal year ends December 31
*Trailing 12 months (TTM) ended for the period March 31, 2022
[/caption]   Summary Avery Dennison Corporation was founded in 1935 and is headquartered in Glendale, California. The company produces pressure-sensitive materials in the form of tags, labels and other products, including RFID tags and inlays, plus equipment and solutions. The company does business in three segments: Label and Graphic Materials, which provides pressure-sensitive label and packaging materials; Retail Branding and Information Solutions, which offers branding and information solutions for retailers, brands and industrial customers; and Industrial and Healthcare Materials, which offers pressure-sensitive, adhesive-based materials, fasteners and performance polymers. Revenue Breakdown (FY21) Revenue Breakdown (FY21) Company Developments
Date Development
May 3, 2022 Announces plans to invest over €60 million in capacity expansion and manufacturing efficiency in Europe
March 17, 2022 Acquires Catchpoint's IP (intellectual property) for the dispensing of linerless labels
February 28, 2022 Appoints Deon Stander as President and COO
February 1, 2022 Acquires TexTrace, an innovator in integrated RFID products
January 19, 2022 Acquires Rietveld, a full-service provider of embellishment solutions and application and printing methods for performance brands and team sports
August 31, 2021 Completes acquisition of Vestcom, a provider of pricing and branded labeling solutions at the shelf edge for retailers and CPG companies
March 1, 2021 Completes acquisition of JDC Solutions, a manufacturer of pressure-sensitive specialty tapes
January 4, 2021 Acquires ACPO Ltd., a maker of pressure-sensitive overlaminate products for the label and flexible packaging markets
March 2, 2020 Completes acquisition of Smartrac's RFID transponder business
  Management Team
  • Mitch Butier—Chairman and CEO
  • Deon Stander—President and COO
  • Greg Lovins—Senior VP and CFO
  • Danny Allouche—Vice President and Chief Strategy & Corporate Development Officer

Source: Company reports/S&P Capital IQ

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