CD&R Acquires Multi-Color Corporation and Fort Dearborn to Create Global Label Solutions Leader

Platinum Equity Acquires Multi-Color Corporation

July 1, 2019

Packaging

An affiliate of Platinum Equity has completed the acquisition of Multi-Color Corporation, taking the Cincinnati-based label and packaging solutions provider private. The deal merges Multi-Color with a subsidiary of Platinum portfolio company WS Packaging to create a combined business with roughly $2.2 billion in annual revenue, 86 plants across 26 countries and over 10,000 employees.

Multi-Color Corporation Acquires LUX Global Label

December 9, 2022

Packaging

Multi-Color Corporation (MCC) acquired LUX Global Label, a manufacturer of pressure-sensitive labels, shrink sleeves and security labels headquartered in Lafayette Hill, Pennsylvania. The acquisition, which closed December 9, 2022, adds LUX’s ~200 employees and production sites in Pennsylvania and Puerto Rico to MCC’s Home and Personal Care business to deepen capabilities in personal care and pharmaceutical end-markets.

CD&R, Merck GHI and McKesson Ventures Recapitalize M2GEN

March 17, 2021

Healthcare Services

Clayton, Dubilier & Rice (CD&R) led a recapitalization of oncology data and informatics company M2GEN, with strategic investments from Merck Global Health Innovation Fund and McKesson Ventures. The transaction — which closed with terms undisclosed — positions CD&R as the largest shareholder and will fund growth of M2GEN's linked clinical and genomic data assets and expanded technology and informatics capabilities.

Multi-Color Corporation Acquires Herrods (Melbourne)

March 31, 2021

Packaging

Multi-Color Corporation (MCC) has acquired Melbourne-based Herrods, a leading in-mold label (IML) provider in Australia and New Zealand, to expand MCC's IML network and establish a stronger foothold in the Asia Pacific region. Financial terms were not disclosed; Herrods will continue to operate under its existing brand and leadership and employs approximately 100 staff across three Melbourne sites. MCC is a portfolio company of Platinum Equity.

CD&R Partnership Investment in Cheney Brothers

July 23, 2020

Food & Beverage

Clayton, Dubilier & Rice (CD&R)-managed funds have completed a minority partnership investment in Cheney Brothers, a family-owned regional foodservice distributor. The Cheney family remains majority owners and Byron Russell stays as Chairman and CEO; the investment will support the company’s continued expansion across core markets including Florida and North Carolina. Terms were not disclosed.

Multi-Color Corporation Acquires Starport Technologies

October 4, 2024

Packaging

Multi-Color Corporation (MCC) has acquired Starport Technologies, an RFID-centric smart labels and RFID tag manufacturer based in Kansas City, Missouri. The deal expands MCC’s RFID and smart-label capabilities and creates a new smart packaging solutions business unit; financial terms were not disclosed.