CCL Industries to acquire Sleever International for $151m

CCL Industries has entered a binding option deal to acquire Sleever International Company, along with its subsidiaries and related entities. Valued at around $151m, the transaction will be settled through a combination of cash and assumed net debt, subject to standard closing adjustments. France-based Sleever International manufactures shrink sleeve labels and application equipment and provides decorating services for clients in the consumer-packaged goods and healthcare sectors worldwide. The company ...