Multi-Color Corporation Signs Definitive Agreement to Acquire Collotype International
Multi-Color Corporation (NASDAQ:LABL) (“Multi-Color”) today announced it has signed a binding agreement to acquire Collotype International Holdings Pty. Ltd. (“Collotype”) for approximately US$175 million plus an additional $10 million upon achieving certain financial targets. This follows the announcement of a Letter of Intent between the parties dated November 5, 2007.