Core Viewpoint - CCL Industries is set to acquire Advanced Safety Technologies (ALT Technologies) for approximately $32 million in an all-cash, debt-free transaction, with the deal expected to close in the second quarter of 2026, pending regulatory approvals [1][2]. Group 1: Acquisition Details - The acquisition will establish a new automotive safety business unit within CCL Design, enhancing CCL's capabilities in the airbag industry [2]. - ALT Technologies specializes in producing components for automotive airbags, including covers, wraps, seals, and durable labels for automotive and industrial clients [2][3]. - The transaction is valued at around $32 million and is structured as an all-cash, debt-free deal [1]. Group 2: Financial Performance - For the 12 months ending November 30, 2025, ALT reported sales of approximately $67 million and an adjusted EBITDA margin of 11.3% [3]. - ALT Technologies has been operational for over 20 years, focusing on die-cut, self-adhesive, and printed components for demanding environments in the automotive and industrial sectors [3]. Group 3: Operational Footprint - ALT Technologies operates manufacturing sites in the Netherlands, Romania, China, and Mexico, maintaining a global production presence [3][4]. - The company's product portfolio includes safety labels, traceability tags, occupant safety parts, adhesive functional components, flexible circuits, electronics protection items, and electromagnetic interference shielding solutions [4]. Group 4: Strategic Fit - CCL Industries' CEO Geoffrey Martin emphasized the long-standing relationship with ALT and its management, indicating confidence in ALT's leadership and market position [2]. - ALT Technologies' CEO Jean-Luc Verstraeten expressed belief that CCL Industries is well-positioned to support ALT's next development phase, leveraging additional industry experience and a global footprint [5].