Flexible Electronics News

CCL Industries Announces Bolt-on Acquisition for Checkpoint

Adds privately owned Uniter Group of companies.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. announced it has acquired the privately owned Uniter Group of companies. Founded 25 years ago in A Coruña, Spain, Uniter consists of five apparel label factories located in Spain, Portugal, Morocco, Turkey and China. Estimated results for calendar year 2021 are sales of $37.5 million with an adjusted EBITDA of $8.75 million. The purchase price, net of cash and debt, is approximately $53.7 million, subject to customary closing adjustments. The five Uniter factories will becom...

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