CCL Industries Acquires Australian Printer
TORONTO—CCL Industries Inc., a labeling solutions and specialty packaging company for the consumer products and healthcare industries, announced that it has acquired Purbrick Ltd, a privately held company based in Melbourne, Australia. Purbrick supplies patient information leaflets and pressure sensitive labels to global pharmaceutical customers located in Australia.
“Purbrick will change its trading name immediately to CCL Label and become part of our global network of GMP-designated label supply facilities for the world’s leading pharmaceutical companies,” commented Geoffrey Martin, president and CEO of CCL Industries. “I am very pleased that the company’s management team has agreed to remain with us on a long-term basis. This acquisition demonstrates our continuing ability to find situations in the label sector that meet both our strategic and financial criteria to enhance shareholder value.”