CCL Industries acquires Ferroprint Stellenbosch

摘要

Cape Town- Industries, a Canadian-based world leader in label solutions for the consumer packaging and healthcare markets, announced last month that it has acquired Ferroprint Western Cape, a wholly-owned subsidiary - with separate facilities in Stellenbosch - of Ferroprint, based in Durban. Ferroprint Western Cape has changed its trading name to CCL Label Cape, while its former parent company continues to trade independently as Ferroprint.rnThe acquired business is based in the wine growing region of Stellenbosch, and specialises in pressure-sensitive labels.rn'SA is a strategic market for our global beverage business which we serviced through a local sales company, importing from our European and Australian facilities,' says Geoffrey Martin, president and CEO of CCL Industries. "This acquisition gives us a manufacturing presence to build our position in this important beverage market at an attractive valuation for shareholders.'rnRafeek Evans, vice president and managing director of CCL Label ISAME region, says that his clients are delighted with this news.