Avery Dennison Corporation (NYSE:AVY) and 3M Company (NYSE:MMM) have
terminated the definitive agreement under which 3M would have purchased
Avery Dennison’s Office and Consumer Products business, the two
companies announced today.
Avery Dennison will continue to pursue a divestiture of the Office and
Consumer Products business.
About Avery Dennison
Avery Dennison (NYSE:AVY) is a global leader in labeling and packaging
materials and solutions. The company’s applications and technologies are
an integral part of products used in every major market and industry.
With operations in more than 50 countries and 30,000 employees
worldwide, Avery Dennison serves customers with insights and innovations
that help make brands more inspiring and the world more intelligent.
Headquartered in Pasadena, California, the company reported sales from
continuing operations of $6 billion in 2011. Learn more at www.averydennison.com.
