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Zephyr is a leading label converter, focused on customers in the electronics industry.
March 2, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc. announced it has acquired Zephyr Company (Private) Limited, a privately held company headquartered in Singapore, and its two Malaysian subsidiaries in Penang and Johor, purchasing 100% of the outstanding equity interest in the three entities in both countries from multiple private shareholders. Zephyr is a leading label converter, focused on customers in the electronics industry. Sales in 2015 were approximately $36 million with an adjusted EBITDA estimated at $6 million....
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