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Agreed purchase price is US$71 million
January 21, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc. announced that it has signed a binding agreement to acquire Sancoa & TubeDec, privately owned companies with common shareholders supplying labels and plastic tubes to home and personal care customers in North America from three plants located in New Jersey and one in Ohio. The agreed purchase price is US$71 million, including the settlement of financial debt. Closing is scheduled during the first quarter of 2014, subject to customary completion conditions. The new acqui...
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