CCL Industries buys Mabel’s Labels for $12 million
January 4, 2016 by Canadian Plastics
Toronto-based specialty packager CCL Industries has acquired two Canadian specialty label businesses for $12 million: Mabel’s Labels and Mabel’s Labels Retail, privately owned companies based out of Hamilton, Ont.
“Mabel’s Labels is a well-known North American brand for durable, personalized identification labels for children and families,” CCL said in a statement.
The new business will continue to trade as Mabel’s Label’s Inc., but will be integrated into CCL’s Avery segment.
Mable’s Labels was founded in 2003 by Hamilton-based entrepreneurs Julie Cole, Julie Ellis, Cynthia Esp, and Tricia Mumby, all of whom will stay on with company, CCL said
“This is the third bolt-on acquisition we have made since acquiring Avery in 2013 as we continue to build our presence in the consumer and small business label market powered by software and digital printing,” CCL Industries president and CEO Geoffrey T. Martin said.