Flexible Electronics News

CCL Industries Completes Checkpoint Systems Acquisition

An all-cash transaction valued at approximately $532.3 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. confirmed that it completed the acquisition of Checkpoint Systems, Inc., previously announced on March 2, 2016 for an all-cash transaction valued at approximately $532.3 million, including estimated net cash of $43.4 million.   The boards of directors of both companies unanimously recommended the transaction prior to the March 2, 2016 announcement and subsequently received approval from U.S. and German anti-trust regulators. On May 11, 2016 a significant majority of Checkpo...

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