MCC Expansions Increase Forecasted Annualized Revenues to $900 Million

Multi-Color Corporation (MCC) announced the following acquisitions and start up, which will increase its forecasted annualized revenues to $900 million.
 
• France Wine and Spirit Labels
 
Effective May 5, 2015, the 100% acquisition of the Barat Group in Bordeaux and Burgundy with revenues of €28 million (USD 30 million) in 2014. Bordeaux is one of the world’s largest and most premium wine regions and MCC now has operations in the region. In addition, Barat’s Burgundy operation will dovetail with MCC’s existing Burgundy operation. This acquisition, when combined with MCC’s existing French operations, creates the largest label market share in the largest bottled wine market in the world. It also underlines our commitment to enhancing our position as the only global wine and spirit label producer.
 
• Spain Wine and Spirit Labels
 
Effective April 2015 , MCC is producing wine and spirit labels from its newly opened start-up operation in La Rioja, Spain. La Rioja is the largest and most premium wine region in Spain. Spain is the third largest wine producer globally, after France and Italy.
 
• Australian Food and Beverage Labels
 
Effective May 1, 2015, MCC has acquired 100% of Mr. Labels business in Brisbane, Queensland Australia. This business has revenues of approximately AUD4 million (USD3m) pa for primarily food and beverage customers. It will be consolidated into MCC’s existing Brisbane Food and Beverage operation.