CCL Industries acquires InTouch Label and Packaging

Photo: InTouch Label

CCL Industries Inc. has acquired InTouch Label and Packaging Co., Inc., a specialized short-run digital label converter based near Boston, Massachusetts .

The enterprise value of the transaction, net of cash and debt, is approximately $10.9 million.  Sales for the current year ending December 31, 2020, are expected to be approximately $9.5 million with an estimated adjusted EBITDA of $2.7 million.

CCL Industries Inc. is a world leader in specialty label, security and packaging solutions.

Source: Lesprom Network