CCL Industries, a firm that manufactures and sells packaging and packaging-related products, completed the acquisition of McGavigan for $106m. "We have known McGavigan and its key people for many years, and are very pleased to welcome the team to CCL where they will continue to focus on innovative specialty product designs for automotive interiors. This acquisition significantly expands our presence in the automotive sector in China and brings important new product and technology platforms to our CCL Design global network, headed by Derek Cumming, Group Vice President," Geoffrey T. Martin, CCL President and CEO.