CCL Industries Completes Treofan Americas Acquisition

7/3/2018, 2:00 PM (Source: GlobeNewswire)

TORONTO, July 03, 2018 (GLOBE NEWSWIRE) -- CCL Industries Inc.  (TSX:CCL.A) (TSX:CCL.B) (“the Company”), a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, confirmed today it completed the previously announced acquisition of Treofan America Inc. and Trespaphan Mexico Holdings GmbH (collectively “Treofan Americas”). Treofan Americas operations in Mexico and the United States will immediately transition to trade under the Innovia Films name.

Business Description

CCL Industries Inc. employs approximately 20,000 people operating 168 production facilities in 40 countries with corporate offices in Toronto, Canada, and Framingham, Massachusetts. 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, healthcare & chemicals, consumer electronic device and automotive markets. Extruded & laminated plastic tubes, aluminum aerosols & specialty bottles, folded instructional leaflets, precision decorated & die cut components, electronic displays, polymer bank note 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 labeling and tagging solutions, for the retail and apparel industries worldwide. Innovia is a leading global producer of specialty, high performance, multi-layer, 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 & lamination, surface engineering and metallurgy that are deployed as needed across the four business segments.

For more information on CCL, visit our website - www.cclind.com or contact:

           
Sean Washchuk    Senior Vice President
and Chief Financial Officer
    416-756-8526
           

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