Avery Dennison is a multinational corporation that has been a dominant player in the packaging and labeling industry for over 80 years. With a rich history of innovation and strategic acquisitions, the company has built a diverse portfolio of brands and companies that cater to various industries. In this article, we’ll delve into the companies owned by Avery Dennison and explore their significance in the market.
The History of Avery Dennison
Before we dive into the companies owned by Avery Dennison, it’s essential to understand the company’s origins. Founded in 1935 by R. Stanton Avery, the company started as a small label manufacturer in Los Angeles, California. Over the years, Avery Dennison expanded its operations through strategic acquisitions, innovation, and diversification. Today, the company is a global leader in labeling and packaging solutions, with operations in over 50 countries and a workforce of over 30,000 employees.
Label and Graphic Materials
Avery Dennison’s Label and Graphic Materials segment is the company’s largest business unit, accounting for over 70% of its revenue. This segment provides a wide range of labeling and packaging materials, including pressure-sensitive labels, shrink sleeves, and graphic films. Within this segment, Avery Dennison owns several companies that specialize in specific product categories.
Fasson
Fasson, a leading manufacturer of pressure-sensitive labels and specialty materials, was acquired by Avery Dennison in 2005. Fasson’s product portfolio includes labels for food, beverage, and pharmaceutical applications, as well as specialty materials for industrial and graphic uses.
JAC
JAC, a French-based company, was acquired by Avery Dennison in 2017. JAC is a leading manufacturer of specialty labeling and packaging materials, including shrink sleeves, labels, and flexible packaging materials. The acquisition of JAC strengthened Avery Dennison’s presence in the European market and expanded its product offerings in the food, beverage, and pharmaceutical industries.
Retial Branding and Information Solutions
Avery Dennison’s Retail Branding and Information Solutions segment provides a range of solutions for retailers, including apparel labeling, branding, and inventory management systems. This segment includes several companies that cater to specific aspects of the retail industry.
RBIS
RBIS (Retail Branding and Information Solutions) is a leading provider of apparel labeling and branding solutions. The company offers a range of products, including woven labels, care labels, and hangtags, as well as inventory management and tracking systems.
Mono AutoTrim
Mono AutoTrim, a leading manufacturer of automotive trim and labeling solutions, was acquired by Avery Dennison in 2015. The company provides a range of products, including interior trim components, labels, and decals, for the automotive industry.
Industrial and Healthcare Materials
Avery Dennison’s Industrial and Healthcare Materials segment provides a range of solutions for industries such as healthcare, electronics, and industrial manufacturing. This segment includes several companies that specialize in specific product categories.
Vancive Medical Technologies
Vancive Medical Technologies, a leading provider of medical devices and healthcare solutions, was acquired by Avery Dennison in 2016. The company offers a range of products, including wound care dressings, securement systems, and medical tapes.
Yongle Tape Company
Yongle Tape Company, a Chinese-based manufacturer of industrial tapes and adhesives, was acquired by Avery Dennison in 2017. The company provides a range of products, including adhesive tapes, foam tapes, and specialty tapes, for industrial and commercial applications.
Other Companies and Investments
In addition to its core business segments, Avery Dennison has investments in several other companies and startups that cater to emerging trends and technologies.
Avery Dennison Ventures
Avery Dennison Ventures is the company’s venture capital arm, which invests in startups and early-stage companies that focus on emerging technologies such as IoT, artificial intelligence, and sustainable materials.
PragmatIC Printing
PragmatIC Printing, a UK-based startup, was invested in by Avery Dennison in 2018. The company develops and manufactures flexible integrated circuits and printable electronics for various industries, including retail, healthcare, and industrial manufacturing.
Conclusion
In conclusion, Avery Dennison’s diverse portfolio of companies and brands is a testament to its commitment to innovation and strategic growth. From labeling and packaging materials to retail branding and industrial solutions, the company’s subsidiaries and investments cater to a wide range of industries and applications. As the company continues to drive innovation and expansion, its subsidiaries will play a crucial role in shaping the future of the packaging and labeling industry.
| Segment | Company | Year Acquired | Product/Service |
|---|---|---|---|
| Label and Graphic Materials | Fasson | 2005 | Pressure-sensitive labels and specialty materials |
| Label and Graphic Materials | JAC | 2017 | Shrink sleeves, labels, and flexible packaging materials |
| Retail Branding and Information Solutions | RBIS | – | Apparel labeling and branding solutions |
| Retail Branding and Information Solutions | Mono AutoTrim | 2015 | |
| Industrial and Healthcare Materials | Vancive Medical Technologies | 2016 | Medical devices and healthcare solutions |
| Industrial and Healthcare Materials | Yongle Tape Company | 2017 | Industrial tapes and adhesives |
Note: The table provides a summary of some of the companies owned by Avery Dennison, along with their year of acquisition and product/service offerings.
What is Avery Dennison?
Avery Dennison is a global materials science company that specializes in the design and manufacturing of a wide range of products, including labeling and packaging materials, radio-frequency identification (RFID) tags, and industrial solutions. With a rich history spanning over 85 years, the company has evolved to become a leader in its industry.
Avery Dennison’s portfolio is incredibly diverse, with products and solutions used in various sectors, including food and beverage, healthcare, apparel, and many more. The company’s commitment to innovation, sustainability, and customer satisfaction has enabled it to build a strong reputation and maintain a significant presence in the global market.
What types of products does Avery Dennison manufacture?
Avery Dennison’s product portfolio is vast and varied, encompassing labeling and packaging materials, RFID tags, and industrial solutions. The company’s labeling and packaging materials include pressure-sensitive labels, shrink sleeves, and stretch sleeves, among others. Its RFID tags are used in various applications, such as inventory management, asset tracking, and supply chain optimization.
Avery Dennison’s industrial solutions include adhesives, tapes, and fasteners, which are used in industries such as automotive, construction, and electronics. The company’s products are designed to meet specific customer needs and are often customized to suit particular applications. With a focus on innovation and quality, Avery Dennison’s products are known for their reliability and performance.
What is Avery Dennison’s approach to sustainability?
Avery Dennison is committed to reducing its environmental impact and promoting sustainability throughout its operations and supply chain. The company has set ambitious targets to reduce greenhouse gas emissions, waste, and water usage, and has implemented various initiatives to achieve these goals. These initiatives include the use of renewable energy sources, reduction of packaging waste, and implementation of sustainable manufacturing practices.
Avery Dennison’s commitment to sustainability extends beyond its own operations to its products and solutions. The company designs and manufactures products that are environmentally friendly, such as biodegradable labels and packaging materials. Additionally, Avery Dennison works closely with its customers and suppliers to promote sustainable practices throughout the entire value chain.
What is Avery Dennison’s history?
Avery Dennison has a rich history that dates back to 1935, when Ray Stanton Avery founded the company in Los Angeles, California. Initially, the company produced adhesive labels and tapes, but it quickly expanded its product range to include other labeling and packaging materials. Over the years, Avery Dennison has undergone significant growth and transformation, driven by strategic acquisitions, innovations, and expansion into new markets.
Today, Avery Dennison is a global company with operations in over 50 countries and a workforce of more than 30,000 employees. The company’s commitment to innovation, quality, and customer satisfaction has enabled it to maintain a strong presence in the market and build a reputation as a leader in the materials science industry.
What are Avery Dennison’s core values?
Avery Dennison’s core values are centered around innovation, quality, and customer satisfaction. The company is committed to driving innovation and delivering high-quality products and solutions that meet specific customer needs. Avery Dennison’s values also emphasize the importance of integrity, teamwork, and respect for its employees, customers, and the environment.
The company’s core values are reflected in its daily operations and business practices. Avery Dennison encourages a culture of innovation and collaboration, where employees are empowered to think creatively and work together to achieve common goals. The company’s values are also reflected in its commitment to sustainability, social responsibility, and community engagement.
What are Avery Dennison’s business segments?
Avery Dennison’s business is organized into three main segments: Label and Packaging Materials, Intelligent Labels, and Industrial and Healthcare Materials. The Label and Packaging Materials segment includes labeling and packaging materials, such as pressure-sensitive labels, shrink sleeves, and stretch sleeves. The Intelligent Labels segment includes RFID tags and other intelligent label products.
The Industrial and Healthcare Materials segment includes industrial solutions, such as adhesives, tapes, and fasteners, as well as medical products, such as wound care and surgical solutions. Each business segment is focused on delivering high-quality products and solutions that meet specific customer needs and industry requirements.
Is Avery Dennison a publicly traded company?
Yes, Avery Dennison is a publicly traded company, listed on the New York Stock Exchange (NYSE) under the ticker symbol AVY. The company’s shares are widely held by institutional investors, individual investors, and employees of the company. As a publicly traded company, Avery Dennison is committed to transparency and disclosure, providing regular updates on its financial performance and business operations to its stakeholders.
Avery Dennison’s public listing has enabled the company to access capital markets, raise funds for strategic investments, and provide liquidity to its shareholders. The company’s strong financial performance and commitment to long-term value creation have made it an attractive investment opportunity for investors seeking stable growth and income.