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Announced

CCL Industries completed the acquisition of Floramedia from HAL for €70m.

Synopsis

CCL Industries, a label maker, completed the acquisition of Floramedia, a specialist in horticultural communications, from HAL, a provider of investment and finance services through its subsidiaries, for €70m. Floramedia is active in specialty printing, marketing and communication for the green sector. HAL became a shareholder in Floramedia via the acquisition of Mercurius Groep Holding B.V. in 1999.

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