CCL Industries Acquires Australian Healthcare Label Company
CCL Industries Inc. announced today that it has acquired Purbrick Ltd, a privately held company based in Melbourne, Australia. Purbrick supplies patient information leaflets and pressure-sensitive labels to global pharmaceutical customers located in Australia.
Geoffrey Martin, president and CEO of CCL Industries, said in a press release: “Purbrick will change its trading name immediately to CCL Label and become part of our global network of GMP-designated label supply facilities for the world’s leading pharmaceutical companies. I am very pleased that the company’s management team has agreed to remain with us on a long-term basis.” Mr Martin added, “This acquisition demonstrates our continuing ability to find situations in the label sector that meet both our strategic and financial criteria to enhance shareholder value.”
With headquarters in Toronto, Canada, CCL Industries now employs approximately 5,600 people and operates 59 production facilities globally located. CCL Label is the world’s largest converter of pressure-sensitive and film materials for label applications and sells to leading global customers in the consumer packaging, healthcare, automotive, and consumer durable markets. CCL Container and CCL Tube are leading producers of aluminum aerosol cans, bottles, and extruded plastic tubes for consumer packaged goods customers in the United States, Canada, and Mexico.