Multi-Color Corporation (MCC), one of the largest label companies in the world, has announced the acquisition of Mexico-based Eximpro, a provider of shrink sleeve label (SSL) solutions. Financial terms of the transaction were not disclosed.

Founded in 1997, Eximpro is a top Mexican producer of SSL, a high-growth labeling technology in which full-color 360-degree labels conform to the shape of the container, most commonly used in beverage applications. With its continuous investments in its people, processes and technology, Eximpro adds further capabilities and market reach to MCC’s existing portfolio of SSL solutions.

“We firmly believe in the potential of Eximpro, which has created a market-leading operation in servicing its regional customers,” says MCC CEO Hassan Rmaile. “With its innate focus on quality, delivery, and service, Eximpro aligns well with MCC’s global focus on providing innovative and sustainable solutions to our customers.”

Meanwhile, Esko, a global provider of integrated software and hardware solutions that accelerate the go-to-market process of packaged goods, has announced the sale of its Advanced Vision Technology (AVT) print inspection business to Porat Itay Holdings, Ltd., (Porat Itay), with an anticipated closing of the transaction in Q1 2025, subject to any customary conditions under applicable local law.

The divestiture includes assets, employees, contractual agreements and intellectual property specific to AVT. Under its new ownership, AVT will maintain its brand name, identity, and product portfolio.

Porat Itay is a private company based in Israel, founded by Roy Porat and Yaron Itay. Roy Porat had previously held the role of president, AVT from 2020 until 2022, and Yaron Itay has successfully built and led several industrial technology companies in Israel.

Here are the top stories from the week ending on January 3:

1. MCC acquires shrink sleeve label manufacturer Eximpro
2. Esko announces sale of AVT to Porat Itay Holdings
3. 2025: A look ahead for the printing industry
4. UPM recognized in Dow Jones World and European Sustainability Indices
5. TLMI tackles industry challenges at annual Committee Summit