Industry News, Mergers and Acquisitions, Printers News

CCL Industries Signs Agreement to Acquire Graphic West

GWI is a digital printer of short-run folding cartons for the pharmaceutical and medical device industries.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. has signed a binding agreement to acquire Graphic West International ApS (GWI), a specialized digital printer of short-run folding cartons for the pharmaceutical and medical device industries with operations in Europe and North America. GWI is headquartered in Horsholm, Denmark, with manufacturing operations in Nowogard, Poland, and Tyler, TX. The enterprise value of the transaction, net of cash and debt, is approximately $36 million. Sales for the 12 months ending June 30, ...

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