CCL Industries Closing of Adelbras Acquisition

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Apr 30, 2022

TORONTO, ON / ACCESSWIRE / April 29, 2022 / CCL Industries Inc. (the "Company") (TSX:CCL.A, Financial)(TSX:CCL.B, Financial), a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced today the closing of the acquisitions of Adelbras Indústria e Comércio de Adesivos Ltda. and Amazon Tape Indústria e Comércio de Fitas Adesivas Ltda. (collectively "Adelbras") headquartered in Vinhedo near São Paulo, Brazil. The new business will largely be reported as part of Avery, with the smaller industrial portion added to CCL Design.