Multi-Color Corporation (MCC) was founded in 1985 and listed on the NASDAQ on August 28, 1987. It has 8,300 employees worldwide. MCC mainly produces and sells self-adhesive labels, serving the home and personal care, food and beverage, wine and spirits, and medical and health food packaging industries. MCC has new trademark pressure-sensitive, bonding, molding, shrink sleeve and cold migration technologies. In addition, MCC is also good at digital printing and provides a complete printing method including flexographic printing, lithography, gravure printing and digital printing, as well as internal pre-press services. MCC entered the Chinese market in 2011 and continues to serve existing multinational consumer brands.
MCC has factories and technical support in North America, Central and South America, Europe, Australia, New Zealand, South Africa and China, and can provide customers with global services. MCC also pays attention to environmental protection and sustainable development. The company uses environmentally friendly printing materials and production processes to reduce the impact on the environment.
Recently, MCC announced the acquisition of Starport Technologies, a smart label technology provider based in Kansas City, Missouri. The financial terms of the transaction were not disclosed.
Starport Technologies was founded in 2006 and has been focusing on the research and development and application of RFID technology since its inception. The company not only has strong R&D capabilities, but also has unique manufacturing processes that can meet the production needs of various surface materials, adhesives, RFID transponders, printing and other special coating rolls. This professional capability makes Starport Technologies highly competitive in the production and manufacturing of RFID tags.
Starport Technologies has a clear market positioning in the RFID industry, mainly serving consumer and supply chain applications. As major consumer products and retailers integrate smart label solutions, including RFID technology, into consumer and supply chain applications, Starport Technologies is in a stage of accelerated profitable growth. The company has won wide market recognition and customer trust with its professional RFID label products and services.
Starport Technologies has also achieved remarkable results in RFID technology innovation. For example, the company has developed a single-chip RFID reader IC for UHF mobile device applications. This reader has the advantages of wide range and low cost, providing a new solution for the application of RFID technology on mobile devices. In addition, Starport Technologies is constantly exploring and developing new RFID technologies and applications to meet the ever-changing market and customer needs.
This acquisition not only brings more resources and support to Starport Technologies, but also enables it to leverage MCC's global leadership to expand its marketing capabilities to meet the needs of customers in the United States and around the world. At the same time, the addition of Starport Technologies also provides MCC with more innovative technologies and features in RFID tags, which will help MCC continue to maintain close cooperation with customers.
Hassan Rmaile, CEO of MCC, said, “RFID is one of the fastest growing areas of MCC’s business and we are very pleased to welcome Starport and its expertise as an industry-leading RFID master label converter to the MCC family. Bringing our two high-performing teams together will allow us to continue to provide the industry with innovative, technical and functional RFID label solutions with exceptional service, quality and customer intimacy.”
Starport Technologies founder and CEO Jeff Nedblake and his staff will move to MCC to manage the newly formed Smart Packaging business unit of the combined company. “MCC’s core products, channel access, operational excellence and balance sheet make them the perfect partner from which we can expand our collective capabilities to meet the needs of our customers both in the U.S. and globally,” Nedblake concluded.
This paper is from Ulink Media, Shenzhen, China, the organizer of IOTE EXPO (IoT Expo in China)
