Avery Dennison Corporation is a global manufacturer of pressure-sensitive materials and a wide range of related products, including labels, tags, and tickets. The company operates primarily through two segments: Label and Graphic Materials and Retail Branding and Information Solutions. Its Label and Graphic Materials segment provides pressure-sensitive label and packaging materials, graphics, and reflective products, serving various markets such as home care, beverages, pharmaceuticals, and automotive. The Retail Branding and Information Solutions segment offers brand embellishments, sustainable packaging, and item-level RFID solutions, catering to retailers, brand owners, and manufacturers. Additionally, Avery Dennison has a notable presence in international markets, generating a significant portion of its revenue from operations outside the United States. Founded in 1935 and headquartered in Glendale, California, the company was formerly known as Avery International Corporation until its name change in 1990.
Circ is a textile recycling company based in Danville, Virginia, focused on recovering value from discarded clothing and textiles. Established in 2011, Circ employs proprietary technology to transform polycotton waste back into its original raw materials, including petroleum- and plant-based fabrics. The company aims to meet growing consumer demands for sustainability without sacrificing quality, price, or convenience. By using water as a solvent, Circ efficiently recycles various fibers, such as cotton, polyester, and nylon, and produces virgin-equivalent, market-grade dissolving pulp and petroleum monomers. These materials can be sold to manufacturers at competitive prices, promoting a circular economy in the textile industry and supporting sustainable living practices.
Modern Milkman
Series C in 2022
Modern Milkman is a grocery delivery service focused on minimizing waste through a return-and-reuse model. The company delivers a variety of products, including fresh milk, breakfast items, milkshakes, fruit juice, eggs, butter, cream, bakery goods, vegetable boxes, coffee, tea, household products, and soft drinks. These items are packaged in returnable glass bottles, reusable containers, or recyclable packaging, allowing consumers to reduce their reliance on plastic. By sourcing groceries from local farmers, Modern Milkman promotes ethical shopping while providing a convenient delivery service that aligns with environmentally conscious consumer habits.
Gauzy
Series D in 2022
Gauzy Limited is a leading company specializing in the development, manufacturing, and marketing of light control technologies, particularly liquid crystal films and suspended particle devices (SPD). Founded in 2009 and headquartered in Tel Aviv, Israel, with additional facilities in the USA and Germany, Gauzy's innovative LCG® (light control glass) technology enables glass to change from transparent to varying degrees of opacity. This capability allows for advanced applications such as privacy control, solar shading, and transparent displays across numerous sectors, including architecture, automotive, aviation, and consumer electronics. The company serves a global market with a network of over 60 certified partners, providing solutions for well-known brands in diverse environments, such as offices, museums, and automotive applications. Gauzy's commitment to integrating science and everyday life positions it as a pioneer in the smart glass industry, transforming conventional materials into dynamic, functional elements that enhance user experience.
TexTrace
Acquisition in 2022
TexTrace is a company based in Frick, Switzerland, that specializes in custom-made woven and knitted RFID labels tailored for the fashion industry. The company's products are designed to be soft, durable, and washable, making them suitable for integration into garments. TexTrace focuses on creating intelligent brand labels that maintain the original look and feel of the brand while withstanding various textile processing methods. These RFID labels serve multiple purposes, offering solutions for product branding, theft protection, customer interaction, and inventory management. By providing an all-in-one solution, TexTrace enables brands and retailers to enhance their business processes, including loss prevention, omnichannel operations, and contactless checkouts.
Vestcom
Acquisition in 2021
Vestcom International, Inc. is a provider of customized shelf-edge communication and marketing solutions aimed at enhancing the retail shopping experience. Based in Little Rock, Arkansas, the company offers a range of innovative tools, including Stackz for pre-cut promotional stacks, ISMAds for advertising campaigns, adSigns for in-store promotions, and shelfStrips for effective shelf marketing. Other notable offerings include snapTalker, which highlights promotional offers, pegAssist for custom category backgrounds, @shelf to transform smartphones into selling tools, and healthyAisles, which provides FDA-based nutritional advice. Vestcom serves supermarkets and drug stores across the United States, helping retailers maximize their shelf space, reduce operational costs, and improve sales and product margins. The company was incorporated in 1996 and maintains a strategic partnership with Eversight.
RoadRunner Recycling
Series C in 2020
RoadRunner Recycling, Inc. is a Pittsburgh-based company that specializes in recycling and waste management services for businesses. Founded in 2014, the company offers a range of services including cardboard and paper recycling, mixed recycling, waste management, compost services, dumpster rentals, and one-time pickups. RoadRunner Recycling employs technology-driven solutions to enhance the efficiency of waste recycling, helping businesses reduce their costs while minimizing their environmental impact. By implementing innovative logistics strategies, the company significantly lowers fuel expenses and carbon emissions, enabling clients to extract maximum value from their recyclable materials. This approach not only leads to substantial cost savings for businesses but also promotes improved environmental performance.
Gauzy
Series C in 2020
Gauzy Limited is a leading company specializing in the development, manufacturing, and marketing of light control technologies, particularly liquid crystal films and suspended particle devices (SPD). Founded in 2009 and headquartered in Tel Aviv, Israel, with additional facilities in the USA and Germany, Gauzy's innovative LCG® (light control glass) technology enables glass to change from transparent to varying degrees of opacity. This capability allows for advanced applications such as privacy control, solar shading, and transparent displays across numerous sectors, including architecture, automotive, aviation, and consumer electronics. The company serves a global market with a network of over 60 certified partners, providing solutions for well-known brands in diverse environments, such as offices, museums, and automotive applications. Gauzy's commitment to integrating science and everyday life positions it as a pioneer in the smart glass industry, transforming conventional materials into dynamic, functional elements that enhance user experience.
PragmatIC
Venture Round in 2019
PragmatIC specializes in ultra-low-cost flexible electronics, specifically through the development of flexible integrated circuits (FlexICs) that are thinner than human hair. These circuits can be invisibly embedded in various objects, allowing for innovative solutions to everyday challenges that traditional electronics cannot address effectively. The company offers a FlexIC Foundry service, enabling designers to create application-specific flexible devices at a reduced cost and time compared to conventional silicon circuits, thus opening new market opportunities. Additionally, PragmatIC provides standard FlexIC products that enhance established technologies like RFID and NFC for mass-market applications, paving the way for a vast array of smart objects capable of interacting with consumers and their environments. FlexICs are produced using the company's unique FlexLogIC production system, which allows for cost-effective, high-volume manufacturing with significantly lower capital and operational costs than traditional silicon fabrication. Headquartered in Cambridge, UK, PragmatIC serves a diverse range of industries, including consumer goods, retail, healthcare, and security, with a growing global clientele.
Wiliot
Series B in 2019
Wiliot Ltd., founded in 2017 and headquartered in San Diego, California, is a semiconductor company focused on developing innovative wireless chipsets for mobile computing. The company aims to enhance connectivity and intelligence in everyday products and packaging, integrating previously disconnected items into the Internet of Things. Wiliot's technology features a unique combination of cloud services and self-powered IoT stickers, which harvest energy from radiofrequency signals. This groundbreaking approach is utilized by major brands in the food and pharmaceutical industries, transforming the way products are manufactured, distributed, utilized, and recycled. Through its solutions, Wiliot enables clients to track their products, understand user interactions, and manage inventory efficiently.
VeriSolutions
Series A in 2018
VeriSolutions, founded in 2015, is an early-stage technology company focused on the Internet of Things (IoT) for the restaurant industry. The company has developed a hardware-enabled software platform that includes a suite of restaurant operations tools and a cold-chain management solution. This solution features sensors for monitoring food temperature, combined with software to ensure the integrity of cold storage. The platform aids restaurants in preventing inventory loss, optimizing staff efficiency, and enhancing operational oversight, which contributes to improved customer safety and streamlined daily operations.
Finesse Medical
Acquisition in 2017
Finesse Medical Ltd is a company that designs and manufactures a diverse range of wound and skin care products aimed at managing various skin conditions. Established in 2004 and based in Longford, Ireland, the company specializes in advanced technologies such as polyurethane foam, hydrocolloids, skin barrier films, and silicone foam dressings. In addition to its product offerings, which include moisturizers, incontinence care, and specialized treatments for conditions like psoriasis and eczema, Finesse Medical provides comprehensive outsourcing solutions in contract manufacturing. These services encompass tube filling, bottle filling, RF welding, die cutting, packaging, and sterilization. The company also supports product development through material sourcing, biocompatibility testing, and clinical reporting. Overall, Finesse Medical combines innovation in healthcare product development with efficient manufacturing capabilities to address the needs of the wound care and skin treatment markets.
Wrapify
Venture Round in 2017
Wrapify, Inc. operates a crowdsourced advertising platform that connects drivers and brands for on-vehicle advertising campaigns. Founded in 2015 and based in San Diego, California, Wrapify allows drivers to earn extra income by wrapping their vehicles with commercial messaging. The company leverages the gig economy to empower brands with a unique combination of out-of-home and digital advertising. Clients such as AT&T, Coca-Cola, and Salesforce use Wrapify to engage audiences and enhance brand awareness through this innovative ad tech platform. The service offers real-time tracking, analytics, and reporting, enabling brands to measure campaign effectiveness and reach nationwide audiences. With over 200,000 drivers in the United States utilizing the Wrapify app, the platform facilitates the creation and management of scalable advertising campaigns while delivering actionable data insights.
Yongle Tape Co.,Ltd
Acquisition in 2017
Yongle Tape Co., Ltd. is a manufacturer based in Hebei, China, specializing in PVC films, pressure-sensitive adhesive (PSA) products, various types of tapes, and tape manufacturing equipment. The company's product offerings include automotive tapes, PVC electrical tapes, rubber tapes for the telecommunication industry, and tapes designed for mining, piping, and marking applications. Yongle Tape serves a diverse range of industries, including automotive, electronics, electrical appliances, construction, and packaging, as well as other specialized sectors. Established in 1985, the company was formerly known as Hebei Huaxia Group before rebranding in January 2014. As of mid-2017, Yongle Tape operates as a subsidiary of Avery Dennison Corporation.
Hanita Coatings
Acquisition in 2016
Hanita Coatings RCA Ltd. is a manufacturer based in Hanita, Israel, specializing in engineered polyester films and laminates for various industrial and consumer applications. The company focuses on the development and conversion of coated, laminated, and metallized polyester films, providing a diverse array of products including automotive window films, architectural solar control films, and energy-efficient films for applications such as insulation and photovoltaics. Additionally, Hanita Coatings offers topcoated polyester label face films and digital print media. Serving multiple industries such as appliances, automotive, construction, electronics, and hospitality, the company distributes its products through a network of distributors, sales offices, and representatives both in Israel and internationally. Founded in 1985, Hanita Coatings operates warehousing and distribution facilities in several countries, including the United States, Germany, and Australia. It is owned by Kibbutz Hanita and Tene Investments.
PragmatIC
Venture Round in 2016
PragmatIC specializes in ultra-low-cost flexible electronics, specifically through the development of flexible integrated circuits (FlexICs) that are thinner than human hair. These circuits can be invisibly embedded in various objects, allowing for innovative solutions to everyday challenges that traditional electronics cannot address effectively. The company offers a FlexIC Foundry service, enabling designers to create application-specific flexible devices at a reduced cost and time compared to conventional silicon circuits, thus opening new market opportunities. Additionally, PragmatIC provides standard FlexIC products that enhance established technologies like RFID and NFC for mass-market applications, paving the way for a vast array of smart objects capable of interacting with consumers and their environments. FlexICs are produced using the company's unique FlexLogIC production system, which allows for cost-effective, high-volume manufacturing with significantly lower capital and operational costs than traditional silicon fabrication. Headquartered in Cambridge, UK, PragmatIC serves a diverse range of industries, including consumer goods, retail, healthcare, and security, with a growing global clientele.
Ink Mill
Acquisition in 2016
Ink Mill Corporation is a manufacturing company that specializes in producing specialty inkjet inks for digital printers. It offers a diverse range of products, including full solvent, eco solvent, bio solvent, water-based, UV, and LED inks, catering to various applications such as grand-format graphics, wide-format graphics, and industrial uses. The company is known for its custom formulations, which are designed to meet specific customer requirements. Ink Mill's reputation for quality is supported by a dedicated team of product development engineers who address technical needs. The company was acquired by Avery Dennison, enhancing its capabilities and product portfolio within the labeling and packaging sector.
Mactac Europe
Acquisition in 2016
Mactac Europe is a manufacturer of high-quality pressure-sensitive materials based in Soignies, Belgium. The company specializes in producing adhesive products such as foam tapes, protective films, and medical tapes, which are utilized across various sectors including graphics, specialty labels, and industrial tapes. Mactac Europe plays a significant role in expanding Avery Dennison’s global presence, offering essential manufacturing capacity to support growth. In addition to its European operations, Mactac Europe engages in export sales, reaching customers in South America, Asia Pacific, the Middle East, and North Africa. Notably, the business does not include operations in the U.S., Canada, and Mexico, nor does it cover its North American exports.
DM Label Group
Acquisition in 2008
Label Group, a manufacturer of woven labels with manufacturing facilities in six countries.
Paxar Corporation
Acquisition in 2007
Paxar Corporation manufactures RFID smart labels and printer-encoders; and provides label services.
Rinke Etiketten GmbH
Acquisition in 2004
Rinke Etiketten GmbH & Co. KG drafts, develops, and produces labels and kits for the textile industry.
L&E Packaging
Acquisition in 2002
L&E Packaging Inc. prints graphic hang tags and labels for packaging hosiery and apparel.
RVL Packaging, Inc.
Acquisition in 2002
RVL Packaging, Inc. designs, manufactures, markets, and distributes woven products for apparel and retail merchandisers.
Jackstädt GmbH
Acquisition in 2002
Jackstädt GmbH manufactures and supplies self-adhesive papers, films, and labels
Dunsirn Industries
Acquisition in 2001
Dunsirn Industries, Inc. provides non-pressure-sensitive materials to the narrow web printing industry.
Stimsonite Corp
Acquisition in 1999
Stimsonite Corporation is engaged in the manufacture and marketing of reflective highway safety products.
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