Industry News, Mergers and Acquisitions, Printers News

CCL Industries Acquires 100% of Rheinfelden Americas, LLC

The business will immediately change its name to CCL Metal Science.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. announced today it has acquired the remaining 50% interest in its aluminum slug venture, Rheinfelden Americas, LLC, for a nominal sum. The company will now assume the $22.3 million of debt previously held in the venture that will transfer on close to the company’s fully consolidated balance sheet. Sales are currently 100% internal to CCL Container. The business will immediately change its name to CCL Metal Science. “We finally completed construction of our new aluminum slug ...

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