CCL Industries Inc., a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced today that it has acquired a UK direct-to-consumer online digital business for its Avery business.

Easy2Name Limited (“E2N”) is a privately owned company based near Newbury in the UK. Founded in 2000, E2N is a manufacturer of durable, personalised “kids’ labels” for the UK Market.

2018 sales amounted to approximately $2.0 million, with an estimated adjusted EBITDA of $0.6 million. The enterprise value, net of cash and debt, is approximately $2.5 million.

Geoffrey T. Martin, President and Chief Executive Officer of the Company, commented, “This is the seventh bolt-on acquisition we have made since acquiring Avery in 2013 as we continue to build our rapidly growing portfolio of web-to-print technologies and brands using software and related supplies. The addition of E2N complements similar end-use propositions already present in our global portfolio of brands.”

Source: globenewswire.com

CCL Industries Inc., a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced today that it has acquired Data Management, Incorporated (d.b.a. Threshold Visitor Management Systems), a privately owned supplier of visitor sign-in, tracking and identification badges using proprietary software based in Farmington, Connecticut. Sales for the twelve trailing months to January 2023 were approximately $7 million with a 25% adjusted EBITDA margin. The debt free, all cash purchase consideration, is estimated at $6.8 million, subject to customary closing conditions.

Geoffrey T. Martin, President and Chief Executive Officer of CCL Industries Inc., commented, “This acquisition continues to build on Avery’s rapidly growing portfolio of badging and credentials technologies, products and brands using software and related supplies.”

Source: cclind.com