Avery Dennison Acquires DM Label Group

Avery Dennison announced the acquisition of DM Label Group, a manufacturer of high-quality woven labels with manufacturing facilities in six countries and with headquarters in Taipei.

"The acquisition of DM Label Group reflects our commitment to providing the best, quickest and most consistent service to our customers, wherever they are located around the world," said Dean A. Scarborough, president and chief executive officer of Avery Dennison. "The DM Label Group strengthens our woven label product line and reinforces our presence in Asia, a major sourcing area for the global apparel, retail branding and marking industry."

The acquisition of DM Label Group complements Avery Dennison's acquisition and integration of Paxar into its Retail Information Services group last year. RIS is a global leader in providing brand identification and supply chain management solutions primarily for manufacturers and retailers, including tag and label design and printing; inventory and shipment tracking; and data management systems. Terms of the transaction were not disclosed.

Founded in 1960 by the Hsu family, DM Label Group has 11 manufacturing facilities in six countries, including China, Vietnam, Malaysia, Indonesia, Taiwan and the United States. Its core products include woven labels, printed labels, accessory tapes, hang tags, heat transfer labels and skin touch fabric ribbon tape. Hsu will serve as a vice president and general manager, reporting to Terry Hemmelgarn.

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