# CCL Industries signs option agreement to acquire Sleever shrink-sleeve maker for about $151 million

CCL Industries signed a binding option agreement to acquire France-based shrink-sleeve label producer Sleever, which has 11 plants and about $213 million in 2025 sales. The deal, valued at about $151 million, is expected to close by mid-2026.

- Type: Acquisition
- Announced: 2026-03-13
- Where: Near Paris, France
- Value: $151.0M
- Status: announced
- Products: shrink sleeves, sleeve application systems, decoration services
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [CCL Industries](https://endata.com/companies/611.md) (acquirer)
- [Sleever](https://endata.com/companies/11455.md) (target)
- [Sleever International](https://endata.com/companies/14101.md) (target)

## Sources

- [packagingeurope.com](https://www.packagingeurope.com/ccl-to-expand-sleeve-material-portfolio-with-sleever-acquisition/), 2026-03-16: "CCL Industries Inc. has signed a binding option agreement to buy France-based shrink-sleeve-label producer Sleever International Co. SA, in a deal valued at approximately $151 million."
- [canadianpackaging.com](https://www.canadianpackaging.com/general/ccl-to-acquire-sleever-for-151-million-strengthening-global-packaging-portfolio-186587/), 2026-03-17: "The transaction is scheduled to close by mid-2026."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.