TSX:CCL.A - Post Discussion
Post by
Betteryear2 on Jul 04, 2023 4:28pm
CCL Industries Announces Bolt-on Acquisition for Avery
TORONTO, ON / ACCESSWIRE / July 4, 2023 / CCL Industries Inc.(TSX:CCL.A)(TSX:CCL.B), a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced today that it has acquired Oomph Made Limited, a privately owned designer and supplier of Radio Frequency Identification ("RFID") and Near-Field Communication ("NFC") access cards and wristbands based in Liphook, United Kingdom. Sales for the calendar year 2022 were $6.7 million with an estimated 18% adjusted EBITDA margin. The debt free, all cash consideration, is approximately $7.1 million, subject to customary closing conditions. CCL Industries Announces Bolt-on Acquisition for Avery (accesswire.com)
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