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    Breaking News

    Avery Dennison Acquires Finesse Medical

    Irish-based company brings new products, manufacturing capabilities in high-value healthcare materials business.

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    05.23.17
    Avery Dennison announced that it has acquired Finesse Medical Ltd., an innovator in the development and manufacture of healthcare products used in the management of wound care and skin conditions.
     
    Headquartered in Longford, Ireland, Finesse Medical specializes in the development and application of advanced technologies in wound care and skin treatment, including skin barrier films and protection creams, and silicone and polyurethane foam wound dressings. With revenue over the last year of approximately €15 million, the company is a supplier to global healthcare-product OEMs and also provides contract manufacturing and product development services.
     
    “Finesse Medical is a top quality manufacturer with a strong track record for developing and commercializing effective, high-value products in the medical sector,” said Mitch Butier, Avery Dennison’s president and CEO. “This acquisition will accelerate the achievement of our long-term strategic and financial goals for our industrial and healthcare materials segment.”
     
    “Finesse Medical is a great strategic fit with Vancive Medical Technologies,” added Mike Johansen, VP and GM of Avery Dennison’s Industrial and Healthcare Materials group. “Its innovative portfolio of silicone gels and polyurethane foam dressings builds on and complements our existing products in wound care. And its converting and packaging capabilities will enable us to offer expanded manufacturing services to our customers.”
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    Related Breaking News

    • Breaking News | Financial News | RFID and NFC

      Avery Dennison Increases Quarterly Dividend

      Declared a quarterly cash dividend of $0.45 per share, up 10% from previous dividend rate.
      05.01.17

    • Breaking News | Financial News | RFID and NFC

      Avery Dennison Announces First Quarter 2017 Results

      Net sales increased 6% to $1.57 billion, with organic sales growth of 4%.
      04.27.17

    • Breaking News | RFID and NFC

      Avery Dennison RFID Announces Partnership with Target

      Will be utilized on apparel and a number of home products.
      04.05.17


    • Breaking News | Personnel | RFID and NFC

      Avery Dennison Names Gregory Lovins VP and Interim CFO

      Lovins has been the company’s VP and treasurer since August 2016.
      03.20.17

    • Andres Lopez Appointed to Avery Dennison Board of Directors

      Brings more than 30 years’ experience in food, beverage and pharmaceutical packaging.
      02.07.17

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