Mergers and Acquisitions, Printers News

CCL Industries Announces Bolt-on Acquisition for Avery

Adds Humphreys Holdings Limited, doing business as We Print Lanyards.

CCL Industries Inc. has acquired Humphreys Holdings Limited, doing business as We Print Lanyards, a privately owned designer and manufacturer of custom lanyards, name badges and ID cards, based in Long Eaton, UK. Sales for the financial year 2024 were $4.1 million with an estimated 25% adjusted EBITDA margin. The debt-free, all cash consideration, is approximately $5.6 million, subject to customary closing conditions. “This acquisition continues to build on Avery’s rapidly growing portfolio ...

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