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Acquired Label Connections Ltd., a private UK company based in St. Neots, near Cambridge
November 4, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc. announced that it has acquired Label Connections Ltd., a private UK company based in St. Neots, near Cambridge that designs, manufactures and markets under the PCL brand, a range of pre-die cut pressure sensitive labels in sheet form for use on professional digital printers. Label Connections’ 2014 sales are estimated to be approximately $4 million with an adjusted EBITDA of $0.6 million. The transaction purchase price totals approximately $2.4 million in assumed debt and ...
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