CCL Industries

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CCL Industries, Inc., is an American-Canadian company founded in 1951. It describes itself as the world's largest label maker.<ref name=":1">Template:Cite news</ref> It is listed on the Toronto Stock Exchange, and is an S&P/TSX 60 Component. CCL consists of five divisions – CCL Label, CCL Container, Avery, Checkpoint, and Innovia. It has 154 manufacturing facilities in North America, Latin America, Europe, Asia, Australia and Africa operated by approximately 20,000 employees.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

History

CCL was founded in 1951 as Connecticut Chemicals (Canada) Limited. In 1979, the name was changed to CCL Industries.<ref name=":2">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> It originally focused on custom manufacturing for the Canadian consumer products industry.<ref name=":1" /> Starting in the 1980s, it expanded into labels and other packaging, and also expanded internationally into the United States and the United Kingdom.<ref name=":2" /> It went public on the Toronto Stock Exchange in 1980.<ref>Template:Cite book</ref> In the 2000s, it started shifting away from custom manufacturing and towards labels and packaging; in 2005, it sold its custom manufacturing business to KCP Income Fund for $256 million.<ref>Template:Cite news</ref> In 2006, it sold its interest in ColepCCP, a European custom manufacturing joint venture with Portuguese company RAR, for $140 million.<ref>Template:Cite news</ref> In 2013, it acquired Avery for $500 million from Avery Dennison, its biggest acquisition to that time.<ref>Template:Cite news</ref> In 2015, it bought Worldmark, a British labelling company specializing in labels for the technology sector, for $255 million.<ref>Template:Cite news</ref> In 2016, it acquired Checkpoint Systems for $422 million.<ref>Template:Cite news</ref> In December 2016, CCL acquired Innovia Films Ltd, a British specialty films company, for $1.13 billion Canadian Dollars.<ref>Template:Cite news</ref> In 2017, it joined the S&P/TSX 60.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

Business

CCL provides labels and packaging products to various markets, including consumer product, healthcare, and industrial companies.<ref name=":0" /> Specific markets served include the home product, personal care, food & beverage, pharmaceutical, apparel, industrial chemical, automotive, and electronics markets.<ref name=":0" /> As of 2016, 5% of sales were in Canada, 46% were in the United States, 7% were in Latin America, 28% were in Europe, and the other 14% were in Asia-Pacific and Africa.<ref name=":0" />

Divisions

CCL Label

CCL's Label business is its largest business segment; contributing approximately 63% to CCL's total sales as of 2016.<ref name=":0" /> The Label Division provides package decorating solutionsTemplate:Clarify and specialty label applications for global customers. CCL Label is one of the world's largest converters of pressure-sensitive and film materials.Template:Citation needed The company produces a wide range of labelling products including expanded content, 2-ply, WashOff, Shrink Sleeves, RFID and promotional pieces.

CCL Container

Container business contributes approximately 6% to CCL's total sales<ref name=":0" /> and is a manufacturer of aluminum cans and beverage bottles in North America.

Avery

Contributing approximately 20% to CCL's total sales,<ref name=":0" /> Avery was acquired from Avery Dennison in 2013 and supplies media for use in digital printers.

Checkpoint Systems

Acquired in 2016, Checkpoint contributes approximately 11% of CCL's total sales. It provides loss-prevention and inventory management labelling for clothing retailers.

Innovia Films Ltd

Acquired in December 2016, Innovia manufactures specialty films for packaging, labelling, graphic arts and industrial products.

External links

• Template:Official website
• Toronto Stock Exchange: Template:TSX