Industry News, Mergers and Acquisitions, Printers News

CCL Acquires Mabel’s Labels for Avery North America

Mabel’s Labels is a North American brand for durable, personalized ID labels for children and families.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. has acquired Mabel’s Labels, Inc. and Mabel’s Labels Retail, Inc., privately owned companies with common shareholders, based in Hamilton, Ontario, Canada. Mabel’s Labels is a well-known North American brand for durable, personalized identification labels for children and families. Fiscal year end March 31, 2016 sales are forecasted to be $9.5 million, with an adjusted EBITDA of approximately $2.8 million for the combined entities. The debt-free, all cash purchase considera...

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