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CCL Completes Innovia Acquisition

Acquired for an all-cash enterprise value of approximately $1.14 billion.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

CCL Industries Inc. confirmed that it completed the acquisition of the Innovia Group of companies previously announced on Dec. 19, 2016, for an all-cash enterprise value of approximately $1.14 billion, net of estimated cash on close of $43.0 million.

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