based Multi-Color Corporation, established in 1916, is a leader in global label solutions supporting a number of the world's most prominent brands including leading producers of home and personal care, wine and spirits, food and beverage, healthcare and specialty consumer products. For Hexagon they are Goldman Sachs, Deloitte and HHL.Ĭincinnati, Ohio, U.S.A. For MCC those include Ernst & Young and Minter Ellison. The companies would like to thank the advisors who have assisted with this transaction. Hexagon CEO Greg Howell will assist across an agreed transitional period. MCC’s enlarged Australasian group will be led by Daren Hudson, MCC President for Australia and New Zealand.

Today’s announcement is the culmination of the efforts of all of our employees throughout our ownership and we are deeply grateful for their efforts.”īecause the acquisition is by way of a share sale, all existing arrangements with Hexagon employees, clients and suppliers will continue seamlessly. The MCC and Hexagon businesses are highly complementary, and we can see many opportunities for the combined business in the Australian and New Zealand markets.

We are delighted to be welcoming Hexagon’s staff, clients & suppliers to the MCC family.”Ĭ lark Perkins, Chairman, Hexagon Holdings, said, “We are proud to have established Hexagon and built its operations over the past eight years to be the leading manufacturer of self-adhesive labels in Australasia. Nigel Vinecombe, CEO, Multi-Color Corporation, said, 'Bringing these companies together creates an impressive Australasian network and clear market leadership in the region. The transaction will complete when FIRB (AU) & OIO (NZ) foreign investment regulatory approvals have been confirmed, likely in Q3 2021. The acquisition includes Hexagon subsidiaries Hally Labels AU, Label Partners AU, Adhesif Labels NZ, Hally Labels NZ, Kiwi Labels NZ & Rapid Labels NZ. Multi-Color Corporation ('MCC') and Hexagon Holdings (“Hexagon”) are today jointly announcing that the parties have signed a binding Sale and Purchase Agreement whereby MCC will acquire 100% of the shares in Hexagon. CINCINNATI USA, ADELAIDE AUS & AUCKLAND NZL

Hexagon corporation