# Avery Dennison to acquire Thermopatch

Avery Dennison signed an agreement to acquire Thermopatch, a provider of labeling and embellishments for sports, industrial laundry, workwear and hospitality. The deal is expected to close in Q1 2023, with Thermopatch becoming part of Avery Dennison's RBIS Apparel Solutions division.

- Type: Acquisition
- Announced: 2023-01-22
- Where: Syracuse, New York, United States
- Jobs: 200
- Status: announced
- Products: labeling, embellishments, transfers
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Avery Dennison](https://endata.com/companies/1691.md) (acquirer)
- [Thermopatch](https://endata.com/companies/68021.md) (target)

## Sources

- [labelandnarrowweb.com](https://www.labelandnarrowweb.com/breaking-news/avery-dennison-details-new-acquisition-constantia-flexibles-grows-in-india-and-more/), 2023-01-22: "We are thrilled to welcome Thermopatch into the Avery Dennison family. It's an excellent strategic fit for expanding our position in embellishments, labels and transfers."

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