CCL Industries to Acquire ALT Technologies for Expansion in Automotive Safety

CCL Industries Inc., a leader in labeling and packaging solutions, announced a definitive agreement to acquire ALT Technologies. ALT, known for its automotive airbag covers and durable labels, operates facilities across the Netherlands, Romania, China, and Mexico. With annual sales of $67 million and an 11.3% adjusted EBITDA margin, the acquisition is valued at $32 million. The transaction, pending regulatory approval, is expected to close in Q2 2026.

Geoffrey T. Martin, CEO of CCL Industries, expressed long-standing admiration for ALT, noting the acquisition will form a new Automotive Safety unit within CCL Design. This move aims to strengthen CCL's foothold in the automotive market.