WS Packaging merges with Cincinnati company
Private equity investment firm Platinum Equity purchased Cincinnati-based Multi-Color Corp. and merged with a subsidiary of Green Bay-based WS Packaging Group.
The combined company, which will be known as Multi-Color Corp. and headquartered in Cincinnati, is a $2.2 billion annual revenue business with 86 plants in 26 countries and more than 10,000 global employees. WS Packaging, a provider of label solutions, is now a Multi-Color Corp. business unit and will continue to serve customers with its own management team, sales force, plants and Green Bay-based support services.
Nigel Vinecombe, executive chairman of Multi-Color Corp.’s board of directors since January 2016, has been named CEO for the combined company, bringing more than 35 years of label industry experience to the role.
