CCL Industries Acquires INT Autotechnik, Germany

Martin also adds that INT recently secured important new sales contracts, which will expand its revenue base; with additional operational synergies CCL is planning to double the acquired profit stream over the 2013-2015 period.

"We are pleased to welcome Alfred Held, the founder of INT, to CCL where he will play a leading role in the development of our German automotive business," explained Martin. "Over the balance of 2013, we will combine the two operations into a single legal entity retaining manufacturing plants in Solingen and Munich (Germany), which will both trade as CCL Design."