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UPM-Kymmene counters that its label stock subsidiary, Raflatac, is a relatively small player in the U.S. label stock market.
The MACtac acquisition would allow Raflatac to introduce a full line of products in the U.S. and compete more efficiently. Even after the MACtac acquisition, Raflatac would only have a market share in America of approximately 15 percent, according to the company.
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- Companies:
- Avery Dennison
- Mactac
- UPM-Kymmene
- People:
- Avery
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