Avery Dennison Corp. completed its acquisition of Vestcom Inc. in a deal valued at $1.5 billion.The Glendale self-adhesive labels, apparel tag and medical products manufacturer announced the acquisition in July and said in a release at the time that it expected the transaction to be accretive to the company’s 2022 earnings per share, net of financing costs and purchase accounting amortization.Vestcom, which makes pricing and branded labeling products for retailers and consumer packaged goods companies, is based in Little Rock, Ark. and has an annual revenue of about $400 million. The company has 11 U.S. production facilities and approximately 1,200 employees, according to the July release.Mitch Butier, chief executive of Avery Dennison, said in a statement from the July release that “With this acquisition, we are expanding our position in high-value categories and adding complementary channel access and data management capabilities that have the potential to further accelerate our Intelligent Labels strategy.”John Lawlor, chief executive of Vestcom, said the acquisition marks an historic milestone in the company’s history.“The capabilities of Avery Dennison will enable Vestcom to further accelerate innovation and continue delivering high-value solutions that drive sales and productivity for retailers and CPGs,” Lawlor said in a statement from the July release. “And we look forward to bringing our expertise and data integration capabilities to new channels and markets with Avery Dennison.”Previously, Vestcom had been owned by Charlesbank Capital Partners, a private investment firm in Boston and New York.Shares of Avery Dennison (AVY) closed Wednesday up 75 cents, or a fraction of a percent, to $226.14 on the New York Stock Exchange, on a day when the Dow Jones closed down a fraction of a percent.