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Announced

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CCL Industries completed the acquisition of Graphic West for $36m.

Synopsis

CCL Industries, a producer of impact extruded aluminium aerosol cans and bottles for consumer packaged goods, completed the acquisition of Graphic West International, an international supplier of converting and gluing equipment to the box carton industry, for $36m. “In late 2015, CCL made a successful greenfield investment in short-run, digitally printed cartons at our Montreal plant in Canada, exclusively targeted at pharmaceutical customers. GWI shares our philosophy of digitizing workflows and manufacturing technologies with complete focus on the unique needs of customers in this sector. We welcome Jesper Holm, GWI’s founder, and his team as together we look to take this exciting new concept to healthcare customers globally alongside our highly complementary label products,” Geoffrey Martin, CCL Industries President and Chief Executive Officer.

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