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April 3, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc. announced it has acquired INT Autotechnik GmbH, a leading producer of stainless steel and aluminum tread plates for German automotive OEMs. INT, based in Munich, recorded sales of $22 million and an adjusted EBITDA of approximately $2 million in 2012. The expected final purchase price, subject to customary closing adjustments, is estimated at $14 million in a combination of cash and assumed debt. “INT represents another interesting acquisition in the rapidly developi...
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