CCL Industries Acquires INT Autotechnik, Germany
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TORONTO, ONTARIO—April 3, 2013—CCL Industries (TSX:CCL.A) (TSX:CCL.B), a world leader in specialty packaging solutions for the consumer products and healthcare industries, announced today that it has acquired INT Autotechnik GmbH ("INT"), a leading producer of stainless steel and aluminum tread plates for German automotive OEMs. INT based in Munich, Germany recorded sales of $22 million and an adjusted EBITDA of approximately $2 million in 2012. The expected final purchase price, subject to customary closing adjustments, is estimated at $14 million in a combination of cash and assumed debt.
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