11.04.21
Clayton, Dubilier & Rice completed the previously announced combination of Fort Dearborn Company and Multi-Color Corporation, creating the world’s largest prime label supplier by revenues. Terms of the transaction were not disclosed.
With approximately $3 billion of annual revenue, the combined company serves many of the world’s most prominent brands across end categories including food & beverage, home & personal care, wine & spirits and other specialty end categories. The combined platform benefits from enhanced scale and diversification across label technologies, end categories, geographies and customers.
“This is an exciting day for our customers, suppliers, and employees alike,” said Kevin Kwilinski, who assumed the role of president and CEO of Multi-Color Corporation after serving in that position at Fort Dearborn. “We believe our expanded product offerings and global reach will be a strong foundation to better serve the dynamic and evolving needs of our global customer base while providing employees with rewarding career growth opportunities.”
David Scheible, operating advisor to CD&R funds and former chairman and CEO of Graphic Packaging, assumed the chairmanship of the combined company. The transaction was originally announced on July 2, 2021.
With approximately $3 billion of annual revenue, the combined company serves many of the world’s most prominent brands across end categories including food & beverage, home & personal care, wine & spirits and other specialty end categories. The combined platform benefits from enhanced scale and diversification across label technologies, end categories, geographies and customers.
“This is an exciting day for our customers, suppliers, and employees alike,” said Kevin Kwilinski, who assumed the role of president and CEO of Multi-Color Corporation after serving in that position at Fort Dearborn. “We believe our expanded product offerings and global reach will be a strong foundation to better serve the dynamic and evolving needs of our global customer base while providing employees with rewarding career growth opportunities.”
David Scheible, operating advisor to CD&R funds and former chairman and CEO of Graphic Packaging, assumed the chairmanship of the combined company. The transaction was originally announced on July 2, 2021.