Avery Dennison Corporation (NYSE: AVY) has completed the acquisition of Vestcom for the purchase price of $1.45 billion, subject to customary adjustments.

Vestcom, is a provider of pricing and branded labeling services at the shelf-edge for retailers and consumer packaged goods companies. It uses data management capabilities to synthesize and streamline store-level data and deliver item-specific, price-integrated messaging at the shopper’s point of decision.