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Avery Dennison Symbol: AVY
Avery Dennison Corporation
150 North Orange Grove Boulevard
Pasadena, CA 91103-3596
Phone: 626-304-2000
Fax: 626-304-2192
Website:
https://www.averydennison.com/en/home.html
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February 2020 Summary: Avery
Dennison (NYSE: AVY) is a global materials science company specializing
in the design and manufacture of a wide variety of labeling and
functional materials. The company's products, which are used in nearly
every major industry, include pressure-sensitive materials for labels
and graphic applications; tapes and other bonding solutions for
industrial, medical, and retail applications; tags, labels and
embellishments for apparel; and radio frequency identification (RFID)
solutions serving retail apparel and other markets. Headquartered in
Glendale, California, the company employs more than 30,000 employees in
more than 50 countries. Reported sales in 2019 were $7.1 billion. Learn
more at www.averydennison.com.
October 2013 Summary: Avery Dennison
Corporation engages in the production and sale of pressure-sensitive materials
worldwide. Many of these products are appropriate for the fashion industry.
Its Pressure-sensitive Materials segment offers pressure-sensitive label
and packaging materials, graphics and graphic films, reflective products,
and tapes and performance polymers. This segment markets its products under
the Fasson, JAC, Avery Dennison, and Avery brands to label printers and
converters for labeling, decorating, fastening, and electronic data processing
applications in the home and personal care, beer and beverage, durables,
pharmaceutical, wine and spirits, and food market industries. The company's
Retail Branding and Information Solutions segment provides branding and
information solutions, including creative services, brand embellishments,
graphic tickets, tags, labels, and sustainable packaging solutions; and
information solutions, such as radio-frequency identification-enabled inventory
accuracy, visibility and loss prevention solutions, price ticketing and
marking, brand protection, and security solutions, as well as care, content,
and country or origin compliance solutions. This segment serves retailers,
brand owners, apparel manufacturers, distributors, and industrial customers.
It also offers specialty tapes, engineered films, pressure-sensitive postage
stamps, and other converted products to original equipment manufacturers,
tier suppliers, and packaging converters; and pressure-sensitive adhesive
products to medical supply and device manufacturers, and healthcare providers.
In addition, Avery Dennison provides printable media and other products
comprising copiers, ink-jet and laser printer labels, related computer software,
laser printer cards, and index products, as well as binders, dividers, and
sheet protectors. The company was formerly known as Avery International
Corporation and changed its name to Avery Dennison Corporation in 1990.
Avery Dennison Corporation was founded in 1935 and is headquartered in Pasadena,
California.
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September 2007
Summary:
Avery Dennison is a global leader in pressure-sensitive labeling
materials, office products and retail tag, ticketing and branding systems.
Based in Pasadena, Calif., Avery Dennison is a FORTUNE 500 Company with 2006
sales of $5.6 billion. Combined with Paxar, Avery Dennison now employs more
than 30,000 individuals in approximately 50 countries worldwide who develop,
manufacture and market a wide range of products for both consumer and
industrial markets. Products offered by Avery Dennison include: Fasson brand
self-adhesive materials; Avery Dennison and Paxar brand products for the
retail and apparel industries; Avery brand office products and graphics
imaging media; specialty tapes, peel-and-stick postage stamps, and labels
for a wide variety of automotive, industrial and durable goods applications
On March 22, 2007, Avery Dennison announced a definitive agreement to
acquire Paxar for $30.50 per share in a cash transaction valued at
approximately $1.34 billion. With the acquisition of Paxar, Avery Dennison's
Retail Information Services (RIS) business is expected to represent about 24
percent of Avery Dennison's revenues - up from 12 percent before the
combination. Paxar reported sales last year of $881 million. Avery Dennison
said it will provide additional information on the anticipated financial
benefits of the transaction, including expected sources and timing of cost
synergies, during its regularly scheduled quarterly earnings release on July
24, 2007.
June 14, 2007--The stockholders of Paxar Corporation (NYSE: PXR) approved
the Agreement and Plan of Merger among Paxar, Avery Dennison Corporation and
Alpha Acquisition Corp., a wholly-owned subsidiary of Avery Dennison, on
June 14, 2007. Having received stockholder approval, and all other
conditions to the closing of the merger being satisfied, the parties intend
to consummate the merger of Alpha Acquisition with and into Paxar on Friday,
June 15, 2007. Concurrently with the closing of the merger, Paxar will
submit a request to the New York Stock Exchange for withdrawal of the
listing of its common stock, effective June 15, 2007.
Paxar Corporation is a global leader in providing innovative merchandising
systems to retailers and apparel manufacturers. Paxar's concept to checkout
capabilities, global manufacturing operations, worldwide distribution
network and brand recognition are enabling the Company to expand its
competitive advantage and market share. Paxar brings to its customers a
fusion of innovative fashion ideas and technological expertise to help them
achieve retailing success. The Company's business includes the design,
manufacture and distribution of a wide variety of tags and labels, including
bar-coded labels, as well as printers and the associated supplies for
customers who prefer the flexibility of creating labels and tags on an
as-needed basis in their facilities. Product design, process reengineering
and data management services are becoming more important as Paxar continues
to differentiate itself as a global leader. Paxar has core competencies that
range from graphic design to coating, weaving, design of mechanical and
electronic printers, systems integration and creation of software.
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