CCL Industries to acquire ALT Technologies for about $32M

2026-01-16 08:09:38 ET

• CCL Industries ( CCL.A:CA ),(TSX:CCL.B) on Friday said that it has signed a binding agreement to acquire privately owned Advanced Safety Technologies B.V., operating as ALT Technologies, for about $32 million in cash.
• ALT supplies covers, wraps and seals for automotive airbags and durable labels for automotive and industrial markets, and operates manufacturing facilities in the Netherlands, Romania, China, and Mexico.
• The company recorded sales of about $67 million for the 12 months ended Nov. 30, 2025, with an adjusted EBITDA margin of 11.3%.
• CCL said the acquisition will form a new Automotive Safety business unit within its CCL Design division.
• The transaction is expected to close in the second quarter of 2026, subject to regulatory approvals.

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