Industry News, Mergers and Acquisitions, Printers News

CCL Industries Acquires In Mould Label Business in Spain

Creaprint is a specialist in mould label (IML) producer with a manufacturing facility in Alicante, Spain, and a sales office in Miami, FL.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. announced it has acquired privately held Creaprint S.L., based in Alicante, Spain. Creaprint is a specialist in mould label (IML) producer with a manufacturing facility in Alicante, Spain, and a sales office in Miami, FL, with 2022 sales of $17 million and adjusted EBITDA of $5.1 million. The debt and cash-free purchase consideration of $38.1 million includes $5.9 million invested in a new production facility where operations will relocate later this year. The business wil...

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