Vancouver, B.C., Canada (April 4, 2011) – Clearlease.com Reports CCL Industries Inc. (TSX:CCL.B), a major global specialty packaging producer, has acquired Thunder Press Inc., a privately owned label company near Chicago.
The pricetag of the deal is about US$10 million in cash and assumed debt, CCL said Monday.
The U.S. company operates under the Sertech brand name and had annual sales of US$11.2 million in 2010.
The acquired company produces patient instructional leaflets for pharmaceutical customers in the United States. CCL Label manufactures similar products at its specialist factories in Baltimore Md., Canada and Puerto Rico.
Sertech founders Jeff Adesko, William McDonough and Michael Bergeron have agreed to stay will the company under the new ownership.
“The healthcare sector continues to be attractive for us and we have been very successful with similar acquisitions in this product space in the recent past in North America,” said Geoffrey Martin, president and CEO of CCL.
“The excellent Sertech facility in Chicago and the great team that Jeff assembled while building the business will also allow us to get closer in many respects to pharmaceutical customers based in the Midwest region.”
Toronto-based CCL Industries employs 5,900 people in 62 plants around the world making labels, aerosol cans, bottles and plastic tubes for customers in the consumer packaging, healthcare, automotive and consumer durable industries.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
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Vancouver, B.C., Canada (April 4, 2011) – Clearlease.com Reports CCL Industries Inc. (TSX:CCL.B), a major global specialty packaging producer, has acquired Thunder Press Inc., a privately owned label company near Chicago.
The price tag of the deal is about US$10 million in cash and assumed debt, CCL said Monday.
The U.S. company operates under the Sertech brand name and had annual sales of US$11.2 million in 2010.
The acquired company produces patient instructional leaflets for pharmaceutical customers in the United States. CCL Label manufactures similar products at its specialist factories in Baltimore Md., Canada and Puerto Rico.
Sertech founders Jeff Adesko, William McDonough and Michael Bergeron have agreed to stay will the company under the new ownership.
“The healthcare sector continues to be attractive for us and we have been very successful with similar acquisitions in this product space in the recent past in North America,” said Geoffrey Martin, president and CEO of CCL.
“The excellent Sertech facility in Chicago and the great team that Jeff assembled while building the business will also allow us to get closer in many respects to pharmaceutical customers based in the Midwest region.”
Toronto-based CCL Industries employs 5,900 people in 62 plants around the world making labels, aerosol cans, bottles and plastic tubes for customers in the consumer packaging, healthcare, automotive and consumer durable industries.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Vancouver, B.C., Canada (April 4, 2011) – Clearlease.com Reports CCL Industries Inc. (TSX:CCL.B), a major global specialty packaging producer, has acquired Thunder Press Inc., a privately owned label company near Chicago.
The pricetag of the deal is about US$10 million in cash and assumed debt, CCL said Monday.
The U.S. company operates under the Sertech brand name and had annual sales of US$11.2 million in 2010.
The acquired company produces patient instructional leaflets for pharmaceutical customers in the United States. CCL Label manufactures similar products at its specialist factories in Baltimore Md., Canada and Puerto Rico.
Sertech founders Jeff Adesko, William McDonough and Michael Bergeron have agreed to stay will the company under the new ownership.
“The healthcare sector continues to be attractive for us and we have been very successful with similar acquisitions in this product space in the recent past in North America,” said Geoffrey Martin, president and CEO of CCL.
“The excellent Sertech facility in Chicago and the great team that Jeff assembled while building the business will also allow us to get closer in many respects to pharmaceutical customers based in the Midwest region.”
Toronto-based CCL Industries employs 5,900 people in 62 plants around the world making labels, aerosol cans, bottles and plastic tubes for customers in the consumer packaging, healthcare, automotive and consumer durable industries.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
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