Deal Snapshot
CCL INDUSTRIES TO CLOSE TREOFAN AMERICAS ACQUISITION ON 2 JULY
Tuesday 12 June 2018

Canadian packaging company CCL Industries Inc. (TSX: CCL.A) (TSX: CCL.B) has received regulatory approvals in the United States and Mexico for the planned acquisition of Treofan America Inc. and Trespaphan Mexico Holdings GmbH, the company said.
The closing date is sert for 2 July, with a purchase price net of cash and debt assumed of approximately USD 255m for the business plus an estimated USD 35m for the capital cost incurred at close for a new state-of-the-art 10 meter wide biaxially oriented polypropylene film extrusion line at the Mexican facility.


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Details
Date Published: 12/06/2018
Target: Treofan America Inc. and Trespaphan Mexico Holdings
Country: Mexico
Deal Size: 255m (USD)
Sector: Paper/Packaging/Office Supplies
Type: Corporate acquisition
Financing: Cash
Status: Agreed
Vendor: M and C S.p.A.
Buyer: CCL Industries
Comment:


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