Multi-Color Corporation (MCC) has announced a major financial restructuring designed to strengthen its balance sheet and position the company for long-term growth and investment.
The global label producer has reached an agreement with lenders holding approximately 70% of its secured first-lien debt, along with its equity sponsor Clayton, Dubilier & Rice (CD&R), to implement a comprehensive restructuring plan. Once completed, the transaction is expected to reduce MCC’s net debt from approximately $5.9 billion to about $2.0 billion, significantly lowering the company’s leverage.
Plus, CCL Industries Inc. has announced that it has signed a binding agreement to acquire Advanced Safety Technologies B.V. and its subsidiaries dba ALT Technologies (ALT), a privately-owned provider of covers, wraps and seals for automotive airbags along with durable labels for automotive and industrial markets. ALT operates manufacturing facilities in the Netherlands, Romania, China and Mexico.
Here are the top stories from the week ending on January 30, 2026:
MCC announces major recapitalization to cut debt and improve financial flexibility
Avery Dennison advances sustainability in Miamisburg with help of Precision AirConvey
Nilpeter to host flexible packaging and food safety Open House in Cincinnati