# Platinum Equity to sell Multi-Color Corporation to CD&R

Platinum Equity agreed to sell Multi-Color Corporation, a global label maker, to affiliates of Clayton, Dubilier & Rice; the deal is expected to close by end of 2021 and terms were not disclosed.

- Type: Acquisition
- Announced: 2021-07-01
- Where: United States
- Value: $6.00B
- Status: announced
- Products: pressure sensitive labels, in-mold labels, heat transfer labels, shrink sleeve labels
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Advent International](https://endata.com/companies/430.md) (partner)
- [Clayton Dubilier & Rice](https://endata.com/companies/530.md) (acquirer)
- [Platinum Equity](https://endata.com/companies/1087.md) (partner)
- [Multi-Color Corp](https://endata.com/companies/1783.md) (target)
- [Fort Dearborn](https://endata.com/companies/7675.md) (target)

## Sources

- [platinumequity.com](https://www.platinumequity.com/news/platinum-equity-to-sell-multi-color-corporation-to-cdr/), 2021-07-02: "Platinum Equity announced today the signing of a definitive agreement to sell Multi-Color Corporation (MCC), a global leader in label solutions, to affiliates of Clayton, Dubilier & Rice (“CD&R”)."
- [debevoise.com](https://www.debevoise.com/news/2021/07/debevoise-advises-clayton-dubilier), 2021-07-02: "to create a global label solutions company, valued at $6 billion, that will serve consumer packaged goods companies worldwide."
- [thetargetreport.com](https://www.thetargetreport.com/2021/08/packaging-industry-consolidation-in.html), 2021-08-08: "Clayton, Dubilier & Rice, one of the oldest private equity investment firms and a true pioneer in leveraged buyouts, announced the simultaneous purchase of Fort Dearborn and Multi-Color Corporation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.