{"id":11215,"date":"2026-01-19T04:19:44","date_gmt":"2026-01-19T09:19:44","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=11215"},"modified":"2026-01-19T04:19:44","modified_gmt":"2026-01-19T09:19:44","slug":"ccl-industries-to-acquire-alt-technologies-for-32m","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=11215","title":{"rendered":"CCL Industries to acquire ALT Technologies for $32m"},"content":{"rendered":"


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ALT Technologies portfolio includes products such as safety labels, traceability tags, occupant safety parts. Credit: Ground Picture \/ Shutterstock.com. <\/figcaption><\/figure>\n<\/p><\/div>\n

CCL Industries has agreed to purchase Advanced Safety Technologies and its subsidiaries, collectively operating as ALT Technologies, for approximately $32m in an all-cash, debt-free deal.<\/p>\n

The completion of the transaction remains subject to regulatory approvals and standard closing conditions, with the formal transfer of ownership expected in the second quarter of 2026.<\/p>\n

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CCL Industries CEO and president Geoffrey Martin said: \u201cWe have known ALT and its management for over 25 years and followed them as they developed into a global leader in the airbag industry.<\/p>\n

\u201cThe acquisition will create a new automotive safety business unit within CCL Design, and we look forward to welcoming the talented ALT team to our Company.\u201d<\/p>\n

ALT Technologies produces covers, wraps, and seals used in automotive airbags, as well as durable labels serving both automotive and industrial clients.<\/p>\n

The company runs manufacturing sites in the Netherlands, Romania, China, and Mexico.<\/p>\n

For the 12 months ending 30 November 2025, ALT reported sales of around $67m and an adjusted EBITDA margin of 11.3%.<\/p>\n

Until finalisation of the acquisition, operations at ALT Technologies will continue unchanged.<\/p>\n

ALT Technologies has been operating for more than 20 years and focuses on producing die-cut, self-adhesive, and printed components required in demanding environments within the automotive and industrial sectors.<\/p>\n

Its portfolio includes products such as safety labels, traceability tags, occupant safety parts, adhesive functional components, flexible circuits, electronics protection items, and electromagnetic interference shielding solutions.<\/p>\n

The business maintains production across Europe, Asia, and the Americas.<\/p>\n

ALT Technologies CEO Jean-Luc Verstraeten said: \u201cWe believe CCL Industries is well-positioned to support the next phase of ALT Technologies\u2019 development, bringing additional industry experience and a global footprint that will reinforce continuity, reliability, and long-term support for our customers.\u201d<\/p>\n

This builds on previous acquisitions by CCL Industries.<\/p>\n

This includes the acquisitions of Spanish in-mould label manufacturer<\/a> Creaprint SL and Super Enterprises Printing (Malaysia).<\/a><\/p>\n

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