Avery Dennison Corporation (NYSE:AVY) agreed to acquire Silver Crystal Group Inc. on October 11, 2023. Silver Crystal Group has revenues of approximately $30 million. The transaction is expected to close in the last quarter of 2023.

In 2023, Avery Dennison acquired Silver Crystal Group; LG Group, Inc. and Thermopatch, Inc. The aggregate purchase consideration for these 2023 acquisitions was approximately CAD 312.021 million (approximately $231 million).