Industry News, Mergers and Acquisitions, Printers News

CCL Industries Announces Bolt-on Acquisition for Avery

Imprint Plus is one of North America’s leading manufacturers of custom name badge systems, signage systems and accessories.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. has acquired all entities of Imprint Plus, privately owned companies with common shareholders, based in Richmond, British Columbia, Canada. Founded in 1982, Imprint Plus is one of North America’s leading manufacturers of custom name badge systems, signage systems and accessories. Sales for the year ended May 2018 are forecast to be approximately $16 million, with an estimated adjusted EBITDA of $4 million. The debt free, all cash purchase consideration, subject to customary c...

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