SECURITIES AND EXCHANGE COMMISSION
----------------------------------
WASHINGTON, DC 20549
--------------------
FORM 8-K
--------
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) October 25, 2001
--------------------------
Multi-Color Corporation
- --------------------------------------------------------------------------------
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
Ohio 0-16148 31-1125853
- --------------------------------------------------------------------------------
(STATE OR OTHER JURISDICTION (COMMISSION (IRS EMPLOYER
OF INCORPORATION) FILE NUMBER) IDENTIFICATION NO.)
425 Walnut Street, Suite 1300, Cincinnati, Ohio 45202
- --------------------------------------------------------------------------------
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
Registrant's telephone number, including area code 513/381-1480
-----------------
- --------------------------------------------------------------------------------
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
-1-
Item 2. Acquisition or Disposition of Assets
On October 25, 2001, Multi-Color Corporation ("Company") acquired Premiere
Labels, Inc. ("Premiere") of Troy, Ohio from the shareholders of Premiere.
Premiere is a leading manufacturer of award-winning, pressure sensitive labels
used by consumer product companies worldwide. The Company, through its wholly
owned subsidiary, MCC-Troy, LLC, acquired the outstanding stock of Premiere.
Operating assets of Premiere include several flexographic printing presses,
finishing and other equipment, inventory and accounts receivable. Liabilities
of Premiere include accounts payable, accrued liabilities and long term debt.
The total purchase price, including assumed long term debt, was $5,306,000. The
acquisition will be accounted for as a purchase, and accordingly the purchase
price will be allocated to assets and liabilities based on their estimated value
as of the date of acquisition. The cash used to acquire Premiere was provided
by internally generated funds from operations.
While there was no prior relationship between the sellers and the Company, Dave
Nosker, Vice President Marketing and Operations and Wilfred Bruns, salesperson
and both shareholders of Premiere, joined the Company as Plant Manager and
salesperson, respectively, of the Troy operation after the acquisition.
Item 7. Financial Statements and Exhibits
No financial statements are required.
Exhibits:
Exhibit No. Description of Exhibit
- ----------- ----------------------
10.1 Stock Purchase Agreement, dated October 25, 2001, between
MCC-Troy, LLC, Premiere Labels, Inc. and its Shareholders:
Michael Magel, Judith Magel, Eric Magel, David Nosker,
Michelle Nosker and Wilfred Bruns.
99.1 Copy of the Press Release, dated October 29, 2001, issued by
the Company, publicly announcing the actions reported
therein.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
MULTI-COLOR CORPORATION
By: /s/ Dawn H. Bertsche
Name: Dawn H. Bertsche
Title: Vice President-Finance, Chief Financial Officer
Date: November 8, 2001
-2-