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Adds Floramedia Group B.V., a European leader in the horticulture media and consumer communications market.
June 2, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc. announced that it has acquired another horticultural market specialist for its Avery unit. Floramedia Group B.V., based in Westzaan, The Netherlands, is the European leader in the horticulture media and consumer communications market, with in-house tag & label creation and production, complemented by sales offices in seven countries. Its 2021 sales were $62 million with an adjusted EBITDA of approximately $7.8 million. The debt-free, all cash purchase consideration,...
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