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Based in Sao Paolo, privately owned Powerpress had 2015 sales of approximately $6.5 million.
March 10, 2016
By: Catherine Diamon
Director, Executive Internal Communications, GAF
CCL Industries Inc. has announced that it has acquired the assets of Powerpress Rotulos & Etiquetas Adesivas LTDA (“Powerpress”), Brazil’s leading producer of expanded content labels for agricultural chemical and pharmaceutical customers. Based in Sao Paolo, privately owned Powerpress had 2015 sales of approximately $6.5 million and an adjusted EBITDA of $2.5 million. Purchase price consideration is estimated at $10.25 million and is subject to certain customary completion ...
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