Mabel’s Labels is a well-known North American brand for durable, personalized identification labels for children and families. Fiscal year end March 31, 2016 sales are forecasted to be $9.5 million, with an adjusted EBITDA of approximately $2.8 million for the combined entities.

The debt free, all cash purchase consideration, subject to customary closing conditions is approximately $12 million. The new business will continue to trade as Mabel’s Label’s, Inc. and report within CCL’s Avery Segment.

Geoffrey T. Martin, President & CEO, CCL Industries concluded, “This is the third bolt on acquisition we have made since acquiring Avery in 2013 as we continue to build our presence in the consumer and small business label market powered by software and digital printing”.

CCL Industries employs approximately 13,000 people operating 115 production facilities in 30 countries on 6 continents with corporate offices in Toronto, Canada and Framingham, Massachusetts.

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