Flexible Electronics News

CCL Industries to Acquire Checkpoint Systems for $556 Million

Highly strategic opportunity leverages CCL’s deep capabilities in labels, Checkpoint’s RFID expertise.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc., a world leader in specialty label and packaging solutions for global corporations, small businesses and consumers, announced that it has entered into a definitive merger agreement whereby CCL will acquire Checkpoint Systems, Inc. for US $10.15 per share in an all-cash transaction valued at approximately $556 million, including net cash.   The transaction has been unanimously approved by the boards of directors of both companies and is expected to close in mid-2016.   The...

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