US labeling and functional materials supplier Avery Dennison has announced the acquisition of Rietveld. The Netherlands-based company is now part of Avery Dennison's Retail Branding and Information Solutions (RBIS) apparel solutions division.
Established in 1985, Rietveld is a leading provider of embellishment and printing solutions for performance sports brands and team sportswear in Europe. With 70 employees and production facilities in the Netherlands and Turkey, it offers transfer, embroidery, screen printing','www.printindustry.news/search/serigraphy');" class="lien-auto-article" href="https://www.printindustry.news/search/serigraphy">screen printing, sublimation and graphic design services.
The acquisition is expected to provide Avery Dennison and Rietveld with "interesting opportunities to conquer new segments and explore additional capacities, thus stimulating the growth of the embellishment market", says the American.
"Rietveld is an excellent strategic fit for RBIS that will expand our position in high-value segments." says Michael Barton, vice president and general manager, RBIS Apparel Solutions. "We have accelerated our progress with embellishments over the past few years, and achieved good results through an agile approach and a continuous innovation process. Rietveld's innovative products and capabilities, as well as its strong customer relationships, combined with our own, will enable us to achieve a new level of growth and deliver value to all our stakeholders."
