CCL Industries announces $19M bolt-on acquisition for avery

Published 2 weeks ago Neutral
CCL Industries announces $19M bolt-on acquisition for avery
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* CCL Industries (OTCPK:CCLLF [https://seekingalpha.com/symbol/CCLLF]) announced [https://seekingalpha.com/pr/20279369-ccl-industries-announces-bolt-on-acquisition-for-avery]on Friday that it has acquired IDESCO Holding Corporation and IDSecurityonline.com, privately owned providers of secure badging and identification solutions based in Manhattan, New York. 
* Sales for the year 2024 were approximately $21.5M with an estimated 14.2% adjusted EBIT margin. 
* The debt-free, all-cash deal totals $19M, subject to customary closing conditions.

MORE ON CCL INDUSTRIES INC.

* CCL Industries Inc. 2025 Q2 - Results - Earnings Call Presentation [https://seekingalpha.com/article/4813695-ccl-industries-inc-2025-q2-results-earnings-call-presentation]
* CCL Industries Inc. (CCDBF) Q2 2025 Earnings Call Transcript [https://seekingalpha.com/article/4813694-ccl-industries-inc-ccdbf-q2-2025-earnings-call-transcript]
* Historical earnings data for CCL Industries Inc. [https://seekingalpha.com/symbol/CCL.B:CA/earnings]
* Dividend scorecard for CCL Industries Inc. [https://seekingalpha.com/symbol/CCL.B:CA/dividends/scorecard]
* Financial information for CCL Industries Inc. [https://seekingalpha.com/symbol/CCL.B:CA/income-statement]