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Ccl Industries Inc. Class A
CCL Industries acquires Inprint Systems
Published Sep 13 2005
5 min read

CCL Industries acquires Inprint Systems

Stock Symbol: TSX - CCL.A and CCL.NV.B

TORONTO, Sept. 13 /CNW/ - CCL Industries Inc., a world leader in
specialty packaging solutions for the consumer products and healthcare
industries, announced today that it has acquired Inprint Systems Ltd.
Headquartered in Ashford, England, Inprint Systems is a privately held
manufacturer of specialty label products with plants in the Netherlands,
United Kingdom, Italy and the USA. The Company is a world leader for labelling
solutions requiring "expanded content" in the form of folded printed data
attached to a pressure sensitive label.
Inprint Systems had revenues of approximately C$53 million in 2004 and an
adjusted EBITDA of C$11.2 million. The purchase price was approximately       
C$64 million and was paid in cash.
Donald Lang, Vice Chairman and CEO of CCL Industries commented, "This
acquisition fits our strategy to redeploy cash into value enhancing businesses
that are immediately accretive to earnings. In addition, Inprint is in a
sector and in geographies that bring increased value to our existing customers
and in which our management team has continued to demonstrate expertise."
Geoffrey Martin, President and COO of CCL Industries said, "Inprint
Systems is an acknowledged industry leader in designing and developing
expanded content label solutions for the highly regulated label demands of the
Healthcare and Chemical markets. Their strong European presence in the UK,
Holland and Italy complements our existing businesses in this sector in
Scandinavia, Germany and France, as does the US plant with our existing North
American operations. We are delighted to welcome them to CCL's global network
of 34 label plants."

CCL Industries Inc. provides state-of-the-art packaging solutions,
including specialty aluminum containers, plastic tubes and closures and
innovative product labelling, to some of the world's largest producers of
consumer brands, helping them to get their products to market quickly and     
cost-effectively. CCL develops and provides specialty-packaging solutions for
producers of leading consumer brands in personal care, cosmetic,
pharmaceutical, household and specialty food and beverage products. With
headquarters in Toronto, Canada, CCL employs 4,000 people directly and
operates 40 production facilities in North America, Europe and Asia.

Statements contained in this Press Release, other than statements of
historical facts, are forward-looking statements subject to a number of
uncertainties that could cause actual events or results to differ
materially from some statements made.

For more details on CCL, visit our web site - www.cclind.com