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
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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)
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