CCL Industries to acquire ALT Technologies for $32m

2 weeks ago 14

CCL Industries has agreed to acquisition Advanced Safety Technologies and its subsidiaries, collectively operating arsenic ALT Technologies, for astir $32m successful an all-cash, debt-free deal.

The completion of the transaction remains taxable to regulatory approvals and modular closing conditions, with the ceremonial transportation of ownership expected successful the 2nd 4th of 2026.

CCL Industries CEO and president Geoffrey Martin said: “We person known ALT and its absorption for implicit 25 years and followed them arsenic they developed into a planetary person successful the airbag industry.

“The acquisition volition make a caller automotive information concern portion wrong CCL Design, and we look guardant to welcoming the talented ALT squad to our Company.”

ALT Technologies produces covers, wraps, and seals utilized successful automotive airbags, arsenic good arsenic durable labels serving some automotive and concern clients.

The institution runs manufacturing sites successful the Netherlands, Romania, China, and Mexico.

For the 12 months ending 30 November 2025, ALT reported income of astir $67m and an adjusted EBITDA borderline of 11.3%.

Until finalisation of the acquisition, operations astatine ALT Technologies volition proceed unchanged.

ALT Technologies has been operating for much than 20 years and focuses connected producing die-cut, self-adhesive, and printed components required successful demanding environments wrong the automotive and concern sectors.

Its portfolio includes products specified arsenic information labels, traceability tags, occupant information parts, adhesive functional components, flexible circuits, electronics extortion items, and electromagnetic interference shielding solutions.

The concern maintains accumulation crossed Europe, Asia, and the Americas.

ALT Technologies CEO Jean-Luc Verstraeten said: “We judge CCL Industries is well-positioned to enactment the adjacent signifier of ALT Technologies’ development, bringing further manufacture acquisition and a planetary footprint that volition reenforce continuity, reliability, and semipermanent enactment for our customers.”

This builds connected erstwhile acquisitions by CCL Industries.

This includes the acquisitions of Spanish in-mould statement shaper Creaprint SL and Super Enterprises Printing (Malaysia).

"CCL Industries to get ALT Technologies for $32m" was primitively created and published by Packaging Gateway, a GlobalData owned brand.


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