Printer News April 2011

TORONTO, Ontario—CCL Industries Inc. announced that it has signed a binding agreement to acquire a 50 percent interest in Pacman-CCL, a privately owned group of label companies based in Dubai in the United Arab Emirates, with additional operations in Cairo, Egypt, and Muscat, Oman. Pacman-CCL has been a license holder of CCL Label since 2009. The remaining 50 percent interest in the venture will continue to be held by Ali Saeed Juma Albwardy who, through his holding entity, Albwardy Investment, has overseen the growth of the company for more than two decades.