Avery Dennison signs agreement to acquire Thermopatch
Avery Dennison signs agreement to acquire Thermopatch

Avery Dennison signs agreement to acquire Thermopatch

Avery Dennison – a global provider of branding and information labelling solutions with locations in over 50 countries, and employing approx. 36,000 people worldwide –  recently announced to have acquired Thermopatch, a company that specializes in labeling, embellishments, and transfers for the sports, industrial laundry, workwear and hospitality industries.

Thermopatch – headquartered in Syracuse, New York – had revenues of approximately $40 million in 2022, with around 200 employees, with operations in North America and Europe. The deal is expected to be closed in the first quarter of 2023 and from that moment on the company will be part of Avery Dennison’s Retail Branding and Information Solutions (RBIS) Apparel Solutions Division.


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