Pasadena, Calif. –June 15, 2007 -- Avery Dennison Corporation (NYSE: AVY) announced that it completed its acquisition of Paxar Corporation today following the approval of the transaction by Paxar’s shareholders at its Annual Meeting on June 14, 2007.

According to the company statement the acquisition will strengthen Avery Dennison’s presence in the growing retail and brand identification market and allow them to provide better products and services to their customers.

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