A global specialty packaging pioneer, CCL is the largest label company in the world and provides innovative solutions to the Home & Personal Care, Premium Food & Beverage, Healthcare & Specialty, Automotive & Durables and Consumer markets worldwide. On May 11, 2016 a significant majority of Checkpoint shareholders voted in favour of the acquisition and so today the transaction was closed.Checkpoint figures are based on U.S. Generally Accepted Accounting Principles ("US GAAP"), which may differ from what may be derived under International Financial Reporting Standards ("IFRS").This press release contains forward-looking information and forward-looking statements, as defined under applicable securities laws, (hereinafter collectively referred to as "forward-looking statements") that involve a number of risks and uncertainties. The Company is divided into four reporting segments: CCL , Avery, Checkpoint and Innovia. The transaction has been unanimously approved by the boards of directors of both companies and is expected to close in mid-2016. Specifically, this press release contains forward-looking statements regarding the anticipated growth in sales, income and profitability of the Company's segments; the Company's anticipated improvement in market share; the Company's capital spending levels and planned capital expenditures; the adequacy of the Company's financial liquidity; earnings per share and EBITDA; the Company's effective tax rate; the Company's ongoing business strategy; and the Company's expectations regarding general business and economic conditions.Checkpoint is a leading manufacturer of technology-driven, loss prevention, inventory management and labeling solutions, including RF and RFID-based, to the retail & apparel industry. Marketwired. Share. Uniquely shaped and decorated aluminum aerosols in North America.Visit our interactive locations map to find any CCL location in the world.Premium look decorating solutions for brands in glass and plastic packages alongside promotional aluminum bottles for a sustainable world.Delivering digital quality assurance and special products to the global pharmaceutical, chemical and other highly regulated industries. Checkpoint Systems understands the complexities of the retail market and have responded by delivering some of the ‘best in class’ hardware, software and anti-theft solutions Forward-looking statements are typically identified by the words "believes," "expects," "anticipates," "estimates," "intends," "plans" or similar expressions. Tweet. Reblog. Share. Email Print Friendly Share. CCL Industries to Acquire Checkpoint Systems. March 2, 2016. TORONTO, ON--(Marketwired - March 02, 2016) - The boards of directors of both companies unanimously recommended the transaction prior to the March 2, 2016 announcement and subsequently received approval from U.S. and German anti-trust regulators. Checkpoint Systems. THOROFARE, N.J.--(BUSINESS WIRE)--Checkpoint Systems, … Checkpoint Systems, a division of CCL Industries, is a global leader in merchandise availability solutions for the retail industry, encompassing loss prevention and merchandise visibility. March 02, 2016 07:00 AM Eastern Standard Time. Statements regarding the operations, business, financial condition, priorities, ongoing objectives, strategies and outlook of the Company, other than statements of historical fact, are forward-looking statements. A global specialty packaging pioneer, CCL is the largest label company in the world and provides innovative solutions to the Home & Personal Care, Premium Food & Beverage, Healthcare & Specialty, Automotive & Durables and Consumer markets worldwide.
Checkpoint is a leading developer of RF and RFID based technology systems for loss prevention and inventory management applications, including labeling and tagging solutions, ... CCL Industries Corp. 161 Worcester Road Suite 603 Framingham, MA 01701 U.S.A. Visit Checkpoint Systems.
The business employs 4,700 people, operating in 29 countries including 46 go-to-market units and 21 manufacturing facilities. TORONTO — CCL Industries announced on Wednesday it has entered into a definitive merger agreement whereby CCL will acquire Checkpoint Systems for $10.15 per share in an all-cash transaction valued at approximately $443 million. Checkpoint Systems. CCL Industries to Acquire Checkpoint Systems for US$10.15 per Share. The Company is divided into four reporting segments: CCL , Avery, Checkpoint and Innovia.Labels that deliver iconic branding solutions globally plus highly decorated extruded, laminated and labeled tubes. CCL Industries Completes Checkpoint Systems Acquisition. Forward-looking statements include all statements that are predictive in nature or depend on future events or conditions.