CCL BUYS AVERY
By Adnews Staff
U.S.-based CCL Industries has expanded its labelling business. The company has bought the North American pressure sensitive label printing operations and label application machinery from Avery Dennison Corp. of California, for $130 million. The acquisition includes plants in Monrovia, California, Cincinnati, Ohio, Toronto and Mexico City. The move expands CCL's pharmaceutical label market, gives it additional coverage on the U.S. West Coast and Mexico, and more presence in the mid-west. CCL makes labels for consumer products and containers.
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