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MCC begins implementation of restructuring, Harmonized Label grows and more

MCC has commenced its prepackaged Chapter 11 filing in the US Bankruptcy Court for the District of NJ, and the week's other top stories.

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By: Greg Hrinya

Editor, Label & Narrow Web

Multi-Color Corporation (MCC) has announced that to implement the previously announced restructuring support agreement (RSA), the company has commenced its prepackaged Chapter 11 filing in the United States Bankruptcy Court for the District of New Jersey.

MCC announced on January 27 it had entered into the RSA with holders of approximately 72% in amount of MCC’s secured first lien debt and its equity sponsor, CD&R, on the terms of a comprehensive financial restructuring. The transactions contemplated by the RSA will significantly deleverage MCC’s balance sheet, reducing its net debt load from approximately $5.9 billion to approximately $2.0 billion. 

Plus, a quest for independence and a creative gamble have fueled one of the label industry’s most promising young converting businesses. Brian Boecklen and Dave Gotham sought the freedom and speed with which to make decisions, which are customarily prevalent with family-owned businesses. Frustrated by the trend of private equity-backed M&A takeovers, the duo established Harmonized Label Solutions and ran their first label in March 2023. Customers have taken note, too.

Here are the top viewed stories from the week ending on February 6, 2026:

  1. MCC initiates implementation of restructuring agreement
  2. Profile: Harmonized Label Solutions
  3. Henkel to acquire Stahl Group for €2.1 billion
  4. AWT Labels & Packaging expands RFID capabilities
  5. Flexcon names Doug Dentler new CFO

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