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Slide #3. CCL Industries — Avery Dennison Corporation Office and Consumer Products and Designed and Engineered Solutions businesses
Acquirer:
CCL Industries (CCL.A.CA)
Acquiree:
Avery Dennison Corporation Office and Consumer Products and Designed and Engineered Solutions businesses (AVY)
Details:
Avery Dennison Corporation (NYSE:AVY) announced today it has completed the sale of its Office and Consumer Products and Designed and Engineered Solutions businesses to CCL Industries Inc. (TSX:CCL.A.CA) (TSX:CCL.B.CA) for $500 million, subject to customary closing adjustments expected to be finalized during the third quarter.
CCL Industries in primarily involved in the manufacture of labels, containers and consumer printable media products. Co. has three reportable segments: Label, which includes the production of pressure sensitive and extruded film materials for a range of decorative, instructional and functional applications; Avery, which includes the manufacturing and selling of various consumer products, including labels, binders, dividers, sheet protectors and writing instruments; and Container, which includes the manufacturing of specialty containers, with key product line is recyclable aluminum aerosol cans and bottles.
Open the CCL.A.CA Page at The Online Investor »
CCL Industries in primarily involved in the manufacture of labels, containers and consumer printable media products. Co. has three reportable segments: Label, which includes the production of pressure sensitive and extruded film materials for a range of decorative, instructional and functional applications; Avery, which includes the manufacturing and selling of various consumer products, including labels, binders, dividers, sheet protectors and writing instruments; and Container, which includes the manufacturing of specialty containers, with key product line is recyclable aluminum aerosol cans and bottles.
Open the AVY Page at The Online Investor »
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