The two companies have shared a rocky relationship for several years. Despite the pending lawsuits, the companies jointly announced a plan in January 2012 that would have seen 3M acquire the office and consumer products (OCP) division of Avery Dennison. That September, the Department of Justice threatened to file an antitrust suit to prevent the acquisition, claiming the two companies already dominated the market and echoing Avery Dennison's earlier lawsuit. Avery Dennison would later announce a deal to sell its OCP division to CCL Industries in February 2013.
- Companies:
- Avery Dennison
- People:
- Donald A. Nolan
- John Houle
Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.