CCL Label buys label supplier
To better serve the global healthcare market, the Label Division of CCL Industries Inc. (Toronto) has purchased Luc...
To better serve the global healthcare market, the Label Division of CCL Industries Inc. (Toronto) has purchased Lucas-Insertco, which manufactures consumer instructional leaflets used primarily on pharmaceutical packages. The deal is worth about $18 million.
"We have had an alliance arrangement with Lucas-Insertco for some time to jointly sell our respective products to the healthcare industry. Both companies felt this next step was necessary to expand our capacity and capability to supply inserts and outserts in a more strategic and significant way to our global healthcare clients," says Geoffrey T. Martin, president of CCL Label.
CCL is a manufacturer of packages and labeling solutions for consumer products and healthcare products. The company has headquarters in Toronto, with 35 production facilities in North America, Central America and Europe.
Lucas-Insertco operates from two leased facilities in Baltimore, MD and San German, Puerto Rico.