Mr. Sean Washchuk reports
CCL INDUSTRIES CLOSING OF ALT TECHNOLOGIES ACQUISITION
CCL Industries Inc. has closed the acquisition of Advanced Safety Technologies B.V. and its subsidiaries doing business as ALT Technologies, a privately owned provider of covers, wraps and seals for automotive air bags along with durable labels for automotive and industrial markets. The new business will immediately be renamed CCL design and reported inside the CCL segment.
About CCL Industries Inc.
CCL Industries employs approximately 26,000 people operating 214 production facilities in 42 countries with corporate offices in Toronto, Canada, and Framingham, Mass. CCL is the world's largest converter of pressure sensitive and specialty extruded film materials for a wide range of decorative, instructional, functional and security applications for government institutions and large global customers in the consumer packaging, health care and chemicals, consumer electronic device, and automotive markets. Extruded and laminated plastic tubes, aluminum aerosols and specialty bottles, folded instructional leaflets, precision decorated and die cut components, electronic displays, polymer banknote substrate, and other complementary products and services are sold in parallel to specific end-use markets. Avery is the world's largest supplier of labels, specialty converted media and software solutions for short-run digital printing applications for businesses and consumers available alongside complementary products sold through distributors, mass market stores and e-commerce retailers. Checkpoint is a leading developer of RF- and RFID-based technology systems for loss prevention and inventory management applications, including labelling and tagging solutions, for the retail and apparel industries worldwide. Innovia is a leading global producer of specialty, high performance, multilayer, surface engineered films for label, packaging and security applications. The company is partly backward integrated into materials science with capabilities in polymer extrusion, adhesive development, coating and lamination, and surface engineering and metallurgy; deployed as needed across the four business segments.
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