CCL Industries Refocuses its South African Operations

TORONTO—April 23, 2013—CCL Industries, a world leader in specialty packaging and labeling solutions for the consumer products and healthcare industries, has opened a new sales, distribution and technical service center in Johannesburg to support its growing sales of pressure-sensitive labels for global beverage companies in the beer, spirits and soft drinks sector. CCL sales in this arena in South Africa exceeded $10 million in 2012 and are expected to grow. In addition the company has signed a binding agreement to sell its small wine label manufacturing operation in Stellenbosch, South Africa, to Bidvest, a South African public company, for approximately $1.25 million cash. Sales for this operation were approximately $3 million in 2012 with a nominal EBITDA. Closing is planned for May 1, 2013.