Avery Dennison has completed the acquisition of Hanita Coatings - a pressure-sensitive materials manufacturer of specialty films and laminates - from Kibbutz Hanita and Tene Investment Funds.
Headquartered in northern Israel, with sales and distribution facilities in the US, Germany, China and Australia, Hanita develops and manufactures coated, laminated and metallised polyester films.
Hanita Coatings will now be known as Avery Dennison Hanita and will continue its operations as a distinct business unit.