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CCL Industries Inc Announces Acquisition Of INT Autotechnik, Germany


Wednesday, 3 Apr 2013 08:30am EDT 

CCL Industries Inc announced that it has acquired INT Autotechnik GmbH (INT), a producer of stainless steel and aluminum tread plates for German automotive OEMs. INT based in Munich, recorded sales of $22 million and an adjusted EBITDA of approximately $2 million in 2012. The expected final purchase price, subject to customary closing adjustments, is estimated at $14 million in a combination of cash and assumed debt. 

Company Quote

120.61
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27 Nov 2014