Avery Dennison to Acquire Thermopatch

Avery Dennison announced that it has signed an agreement to acquire Thermopatch, which specializes in labeling, embellishments, and transfers for the sports, industrial laundry, workwear and hospitality industries, according to a news release. After the deal closes, which is expected to happen in the first quarter of 2023, Thermopatch will become part of the company’s …