M
About
Multi-Color Corporation (MCC) is a global leader in prime label solutions. The company announced that the U.S. Bankruptcy Court for the District of New Jersey approved its pre-packaged reorganization plan. This plan aims to significantly reduce MCC's balance sheet debt burden and recapitalize its business. The restructuring is expected to reduce net debt by approximately $3.8 billion, shrink annual cash interest expense by over $330 million, and extend the maturity of its long-term debt to 2033. MCC will also receive significant capital contributions totaling $889 million from CD&R and its existing secured noteholder group. Upon completion, the company anticipates having over $500 million in liquidity to support long-term growth and investment.
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4.5K
Current headcount
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Frequently Asked Questions
What does Multi-Color do?
Multi-Color Corporation (MCC) is a global leader in prime label solutions. The company announced that the U.S. Bankruptcy Court for the District of New Jersey approved its pre-packaged reorganization plan. This plan aims to significantly reduce MCC's balance sheet debt burden and recapitalize its business. The restructuring is expected to reduce net debt by approximately $3.8 billion, shrink annual cash interest expense by over $330 million, and extend the maturity of its long-term debt to 2033.…
How much funding has Multi-Color raised?
Multi-Color has raised a total of $889M in funding. The most recent round on record is Debt Restructuring.
Where is Multi-Color headquartered?
Multi-Color is headquartered in Batavia, Illinois, USA.
When was Multi-Color founded?
Multi-Color was founded in 1916.
What industry does Multi-Color operate in?
Multi-Color operates in Packaging, Manufacturing, Business Services.
How many employees does Multi-Color have?
Multi-Color has approximately 4531 people on record.