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Multi Packaging Solutions Completes Acquisition of Paris Art Label Company, Inc.

Acquisition fits with MPS’s strategy to expand its capability and presence in the label sector globally.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Multi Packaging Solutions International announced the completion of its acquisition of Paris Art Label Company, Inc., a manufacturer of labels and shrink sleeve products to the branded consumer marketplace in the US.
 
The acquisition of Paris Art fits with MPS’s previously announced strategy to expand its capability and presence in the label sector globally.
 
“Acquiring Paris Art is a significant step in enhancing our offering to our customers and achieving our strategic goals,” said MPS CEO Marc Shore.
 
“We are proud of the high quality and innovative label and shrink print packaging we have designed and delivered to leading consumer and cosmetics customers for over 90 years and know that MPS will be an excellent home for our customers and employees,” Ron Tarantino, president and owner of Paris Art said. “Additionally, I am pleased to say that I, and the Paris Art management team, will be staying on with the new entity going forward.”

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