Printer News - February 2013

CCL to Acquire Avery Dennison Businesses, Ends Plans with John Watson & Co.

TORONTO—CCL Industries Inc., has signed a binding agreement to acquire the Office & Consumer Products and Designed & Engineered Solutions businesses of Avery Dennison on a debt-free basis for $500 million cash subject to customary closing adjustments. Dependent on required regulatory approval, the transaction is expected to close by mid-2013.