Avery Dennison to Acquire Meridian's Flooring Business

1. Avery Dennison is acquiring Meridian's flooring business. 2. This acquisition may enhance AVY's product offerings and market share.

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$175.7708/25 04:36 PM EDTEvent Start

$175.7708/26 12:25 AM EDTLatest Updated

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Acquisitions often lead to enhanced revenue streams; similar past acquisitions by others have resulted in stock appreciation.

The acquisition directly impacts AVY's growth strategy, possibly improving financial performance, which is crucial for investor confidence.

The benefits of acquisitions typically unfold over several quarters as integration occurs, providing sustained value creation.

MENTOR, Ohio--(BUSINESS WIRE)-- #AVY--Avery Dennison to acquire Meridian's flooring business.