Last week, Avery Dennison’s announcement regarding its acquisition of JDC Solutions drew the most reader interest (Avery Dennison to Acquire JDC Solutions): “Avery Dennison recently announced that it has agreed to acquire JDC Solutions, Inc., a privately owned manufacturer of pressure-sensitive specialty tapes headquartered in Mount Juliet, Tenn., for the purchase price of $24 million. JDC employs approximately 75 people at its headquarters and manufacturing site in Tennessee, with approximately $30 million in annual revenue. The acquisition is expected to close in in the first quarter, subject to customary conditions and approvals.
“JDC manufactures specialty tapes for use in a variety of high-value industrial applications. The company reportedly has longstanding relationships with U.S. converters serving the automotive, consumer appliance, and building and construction industries, among others.”
How will recent merger and acquisition activity impact the industry? Please contact me at suttons@bnpmedia.com to share your thoughts.
Top 5 News that Sticks for February 21-27
- Avery Dennison to Acquire JDC Solutions #4 last week
- Arkema Launches Start-up Connect Program for Research Collaboration
- Mayzo Appoints Two Vice Presidents
- Meridian Adhesives Group Acquires Convergent Concrete Technologies #1 last week
- Henkel Expands Strategic Partnership with Quad Industries for Printed Electronics Solutions
This weekly roundup highlights the adhesives, sealants, and coatings-related news stories that garnered the most attention during the previous week on our website, as well as our eNewsletters and social media platforms.
