CCL Industries Acquires Film Extrusion Assets
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TORONTO—October 24, 2013—CCL Industries has signed a binding agreement to acquire the assets of Advanced Packaging Films in Schkopau, near Leipzig, Germany, for approximately $9 million in cash and assumed debt. The new business unit will trade as Advanced Performance Films and will be an integral part of the CCL Label global Food and Beverage business headed by Guenther Birkner, president.
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