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Label1 is primarily focused on the healthcare industry in Northern Ireland, with annual sales of approximately $10.7 million.
September 1, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc. announced that it has acquired all the outstanding shares of Labelone Ltd. (Label1), a privately held company based in Belfast, Northern Ireland. Label1 is a leading converter primarily focused on the Healthcare industry in Northern Ireland. Sales for the annualized period ending March 31, 2016, were approximately $10.7 million, with an adjusted estimated EBITDA of $3.0 million. Purchase price consideration, including assumed debt, is approximately $17.7 million, subject ...
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