The transaction, which closed on December 9, enhances MCC’s portfolio and capabilities in the home and personal care and pharmaceuticals market segments.
“This is a truly positive and strategic step forward for both of our legacy organizations,” said Kevin Kwilinski, CEO of MCC. “Lux’s impeccable operational infrastructure, roster of global clients, and internal culture align extremely well with MCC’s values and growth strategy. Our legacy businesses are highly complementary and we are ready to hit the ground running as we integrate our new organization.”
MCC’s acquisition includes LUX’s locations in Pennsylvania and Puerto Rico, which provide state-of-the-art pressure-sensitive labels, shrink sleeves, and flexible packaging primarily for personal care and pharmaceutical products. LUX’s approximately 200 employees will join MCC’s Home and Personal Care business.