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French Connection for Multi-Color Corporation

September 17, 2010

CINCINNATI—Multi-Color Corporation (MCC) has announced the addition of French Wine Label Specialist, Monroe Etiquette to its European Wine & Spirit label group.

MCC has entered into a binding agreement to acquire 100 percent ownership of the company for a purchase price of Euro 8 million, payable in cash. Closing is expected to be on or about October 1, 2010 and is expected to be immediately accretive to earnings for MCC.

Monroe Etiquette is centrally located in Montagny, near Lyon in France, has annual revenues of approximately Euro 7 million and is a well established leader in wine labels in the largest bottled wine market in the world.

MCC President & CEO, Nigel Vinecombe says, "Monroe Etiquette represents the ideal local entry into the French market and is very complimentary to our recent acquisition of Guidotti CentroStampa in Italy. Stanislas Monroe and his team will continue to run the business based in Montagny. The quality of this business is second to none and will enhance the Collotype Wine & Spirit label division’s global leadership position."

MCC specializes in the home and personal care, food & beverage and wine & spirit markets.

For more information, visit http://www.multicolorcorp.com/.


 

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