Add-on Acquisition • Apparel/Textiles

CCL Industries Acquires Eti-Textil

On January 31, 2020, CCL Industries acquired apparel/textiles company Eti-Textil for 20M CAD

Acquisition Context
  • This is CCL Industries’ 1st transaction in the Apparel/Textiles sector.
  • This is CCL Industries’ 15th largest (disclosed) transaction.
  • This is CCL Industries’ 1st transaction in Spain.

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M&A Deal Summary

Date January 31, 2020
Target Eti-Textil
Sector Apparel/Textiles
Buyer(s) CCL Industries
Deal Type Add-on Acquisition
Deal Value 20M CAD

Target Company

Eti-Textil

Elche, Spain
Eti-Textil is an apparel label producer headquartered in Elche, Spain, with additional manufacturing in Tangier, Morocco.
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Buyer Overview 1

Buyer

CCL Industries

Toronto, Ontario, Canada

Category Company
Founded 1951
Sector Packaging
Employees26,300
Revenue 7.2B CAD (2024)
DESCRIPTION

CCL Industries specializes in label and packaging solutions for global corporations, small businesses, and consumers. CCL Industries was incorporated in 1951 and is based in Toronto, Canada.


Deal Context for Buyer #
Overall 33 of 44
Sector: Apparel/Textiles 1 of 1
Type: Add-on Acquisition 29 of 39
Country: Spain 1 of 1
Year: 2020 4 of 7
Size (of disclosed) 15 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-17 IDentilam

Horsham, United Kingdom

IDentilam Ltd. designs and develops a range of software solutions for event badging and identification cards along with digital printing services for customers across Europe. IDentilam Ltd. is based in Horsham, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-18 Clinical Systems

Garden City, New York, United States

Clinical Systems, Inc. produces labels, including specialized patient information booklets and has developed a new software-driven “eLabel” solution for clinical trial providers. Clinical Systems is based in Garden City, New York.

Buy $19M