Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 CCL acquires ALT Technologies - Label and Narrow Web

What are you searching for?

Sign in
M & A News

CCL acquires ALT Technologies

The acquisition will create a new Automotive Safety business unit within CCL Design.

Author Image

By: Steve Katz

Associate Editor, Label & Narrow Web

CCL Industries Inc. has announced that it has signed a binding agreement to acquire Advanced Safety Technologies B.V. and its subsidiaries dba ALT Technologies (ALT), a privately-owned provider of covers, wraps and seals for automotive airbags along with durable labels for automotive and industrial markets. ALT operates manufacturing facilities in the Netherlands, Romania, China and Mexico.

ALT sales for the prior twelve months ending November 30, 2025, were approximately $67 million (CA) with an estimated 11.3% adjusted EBITDA margin. The debt free, all cash purchase consideration, subject to customary closing conditions, is approximately $32 million (CA). The transaction is expected to close during the second quarter of 2026, subject to regulatory procedures.

Geoffrey Martin, president and CEO of CCL Industries Inc., comments, “We have known ALT and its management for over 25 years and followed them as they developed into a global leader in the airbag industry. The acquisition will create a new Automotive Safety business unit within CCL Design, and we look forward to welcoming the talented ALT team to our Company.”

Add us as a preferred source on Google

Get the latest Label and Narrow Web news, insights and analysis in your Google Search and AI experiences.

Add Label and Narrow Web as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Label and Narrow Web Newsletters

Topics