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Acquire assets of Advanced Packaging Films GmbH
October 25, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc has announced that it has signed a binding agreement to acquire the assets of Advanced Packaging Films GmbH in Schkopau, near Leipzig, Germany, for approximately $9 million in cash and assumed debt. The new business unit will trade as Advanced Performance Films and will be an integral part of the CCL Label global Food & Beverage business headed by Guenther Birkner, president. “This new capability allows us to design proprietary, specialty films for new sleeve and p...
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