CCL Industries, a specialist in label, security and packaging solutions, has completed the acquisition of in-mould label (IML) producer Creaprint.
Creaprint has a manufacturing facility in Alicante, Spain, and a sales office in Miami, Florida, and recorded sales of $17 million last year.
Guenther Birkner, president of CCL Label food & beverage, said, “IML is a rapidly growing decoration technology for packaging. The label becomes an integral part of injection or blow moulded plastic containers without the need for adhesives, typically using the same resin material as the container for easy recycling.
“We are very much looking forward to having the Creaprint team and the founding Guillem family joining us. With over 20 years experience in IML, Creaprint is one of the most important producers in the world in terms of technology, know-how, means and production capacity.”
Reinhard Streit, VP and MD food & beverage Europe, added, “We are very much looking forward to expanding our decoration portfolio even further to service our local and global customers that are looking into different decoration technologies to design their packaging. This acquisition brings a deeper understanding of IML technology and know-how to our global CCL Label operations and is a great fit for our existing assets.”
Creaprint has recently invested into a new production facility where operations will relocate later this year. The business will now trade as CCL Label Spain and become part of the firm’s food & beverage unit in Europe.
