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Acquired the shares of Colle a Moi Inc., a privately owned company based in Quebec City, for approximately $3 million.
May 28, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc. announced that it has acquired the shares of Colle a Moi Inc. (CAM), a privately owned company based in Quebec City, Canada. Founded in 2015, CAM is a manufacturer of personalized kid’s labels in Quebec. Forecast sales for the year ending July 31, 2019 are expected to be $1.3 million with an estimated 65% EBITDA margin. The debt free, all cash purchase consideration, subject to customary closing conditions, is approximately $3 million. “This is the eighth bolt-on acquisitio...
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