Latham & Watkins Advises Avery Dennison in Acquisition of Vestcom

Multidisciplinary team represents the global materials science company in the acquisition.

July 29, 2021

Avery Dennison announced that it has signed an agreement to acquire Vestcom, a privately held market-leading provider of pricing and branded labeling solutions at the shelf-edge for retailers and consumer packaged goods companies, for US$1.45 billion in a cash transaction, subject to certain closing and post-closing adjustments. The acquisition is expected to close in the third quarter of 2021, subject to regulatory approvals and other customary closing conditions.

Latham & Watkins LLP represents Avery Dennison in the acquisition with a corporate team led by Century City partner Steve Stokdyk and Los Angeles partner David Zaheer with associates Alidad Damooei, Ariel Gershoig, and Tyler Miller. Advice was also provided on tax matters by Los Angeles partner Larry Stein and Los Angeles counsel Will Kessler; on employee benefits and compensation matters by San Diego partner Holly Bauer and Chicago counsel Sandhya Chandrasekhar with associate Harrison Taylor; on intellectual property matters by Orange County counsel David Kuiper with associate Nathan Wages; on environmental matters by Los Angeles counsel Aron Potash with associate Jen Garlock; on real estate matters by Los Angeles partner Kim Boras; on antitrust matters Bay Area partner Joshua Holian and Washington, D.C. counsel Peter Todaro; on finance matters by Los Angeles partners Elizabeth Oh and Brent Epstein with associates Nathan Whitaker, Michael Jung, and Celia Lown; and on insurance matters by Los Angeles partner Drew Levin and associate Harrison White.

 
 
Notice: We appreciate your interest in Latham & Watkins. If your inquiry relates to a legal matter and you are not already a current client of the firm, please do not transmit any confidential information to us. Before taking on a representation, we must determine whether we are in a position to assist you and agree on the terms and conditions of engagement with you. Until we have completed such steps, we will not be deemed to have a lawyer-client relationship with you, and will have no duty to keep confidential the information we receive from you. Thank you for your understanding.