FMN | September 27th, 2021

KDV Label Acquired By Mason Wells

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Private equity firm MasonWells has closed on the ac- quisition of KDV Labels, LLC and its sister company, I-Graphics, LLC.The company will be owned by Mason Wells,members of the Vaughn family and current man- agement, and other co-investors. Founded in 1974 by Karen and Dick Vaughn, KDV is a label converter for a diverse set of consumer end markets, including beverage, food, household cleaning and personal care. KDV’s primary business is the con- verting of various substrates (primarily film and paper) into pressure sensitive adhesive labels, digital labels, unsupported film labels, and other specialty labels for a variety of consumer applications. The company performs printing, laminating, slitting, inspection and other converting operations utilizing a modern equip- ment set, including flexographic and digital presses. KDV operates two manufacturing locations: the head- quarters is located inWaukesha,Wisconsin, and its sis- ter company, I-Graphics, LLC, is located in Loveland, Colorado. KDV will continue to operate as the company oper- ates today; the management team will remain in place and will continue to be led by CEO and President ShaneVaughn,who is the second-generation president. Avery Dennison Awarded How2Recycle Label Avery Dennison has become the first pre-qualified intelligent labels provider to receive the How2Recy- cle label for RFID paper hang tags, recognizing they are as easy to recycle as many of the products they appear on. The How2Recycle label was created to provide con- sistent and transparent on-package recycling infor- mation to consumers in North America and involves a coalition of brands that want their packaging to be recycled and are empowering consumers through in- telligent packaging labels. How2Recycle is a part of GreenBlue, an independent environmental non-profit organization. The label has been assigned based on several factors that How2Recycle considers, including applicable law, access to recycling, sortation, reprocessing, and end markets. This development follows many years of research within Avery Dennison Smartrac to develop a unique combination of materials, adhesives, and inlay con- struction to enable RFID labels to be recycled along- side any other residential recycling stream, meaning they can be transformed with any other paper-based materials.

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