Trade Resources Industry Views CCL Announces Successful Acquisition of Label Connections

CCL Announces Successful Acquisition of Label Connections

Global manufacturers of specialty label and packaging solutions CCL Industries (CCL) has acquired UK-based Label Connections for approximately $2.4m.

Label Connections designs, manufactures and markets a range of pre-die cut pressure sensitive labels in sheet form that are used on professional digital printers. It markets its products under the PCL brand.

The company will function under the Avery UK umbrella, and will continue to use the PCL brand.

Label Connections' sales for 2014 are expected to be approximately $4m.

CCL Industries president and CEO Geoffrey Martin said: "We are pleased to announce this first expansion by acquisition to the Avery business with this interesting extension to our Printable Media product line which we intend to introduce on a global basis.

"Professional digital printing is the fastest growing sector in the commercial graphic arts market to which we will now bring all the design software, label, materials and printer compatibility know-how from Avery's long history in desktop digital printing."

CCL Label claims to be the world's largest converter of pressure sensitive and extruded film materials for decorative, instructional and functional applications for customers in the consumer packaging, healthcare, automotive and consumer durables markets.

Currently employing about 10,200 people at its 97 production facilities located in 28 countries, CCL Container is known for producing impact extruded aluminum aerosol cans and bottles for consumer packaged goods customers in the US, Canada and Mexico.

Avery specializes in supplying labels, specialty converted media and software solutions for short run digital printing in businesses and homes alongside complementary office products.

Source: http://packagingmaterials.packaging-business-review.com/news/ccl-industries-acquires-label-connections-for-24m-061114-4429019
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CCL Industries Acquires Label Connections for $2.4m