Multi-Color to acquire Hexagon.

Multi-Color, a printed labels producer, agreed to acquire Hexagon, a narrow-web label converters holding company. Financial terms were not disclosed. “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. 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. 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,” Clark Perkins, Hexagon Holdings, Chairman.