CCL Industries To Acquire Ferroprint Western Cape

TORONTO, Canada—CCL Industries Inc. has signed a binding agreement to acquire the shares of Ferroprint Western Cape (Pty) Ltd., a wholly owned subsidiary of Ferroprint (Pty) Ltd., based in Durban, South Africa. Ferroprint Western Cape (Pty) Ltd. will immediately change its trading name to "CCL Label" while its former parent company will continue to trade as "Ferroprint."