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Knitting / Apparel

Avery Dennison Completes Acquisition

Avery Dennison Corp., Pasadena, Calif., has completed the acquisitions of RVL Inc. and L&E Packaging. RVL, Westlake Village, Calif., manufactures woven and printed labels, graphic tags and specialty packaging products. L&E, Greensboro, N.C., specializes in offset, screen and flexographic printing products for the apparel and retail industries, and is RVL's key printing partner.

The operations of the two companies will be consolidated into Avery Dennison's global Retail Information Services business, serving the apparel and retail industries. The expanded business is expected to generate annual sales of more than $500 million.

January 2003