# CCL Industries signs agreement to acquire Treofan Americas from M&C

CCL Industries signed a binding agreement to acquire Treofan America Inc. and Trespaphan Mexico Holdings from M&C S.p.A. for a net purchase price of about $255 million. Closing is expected in Q2 2018, subject to regulatory approvals.

- Type: Acquisition
- Announced: 2018-03-08
- Where: Zacapu, Mexico, Mexico
- Value: $255.0M
- Status: announced
- Capacity: 60,000 tons per year of BOPP film
- Products: biaxially oriented polypropylene film, BOPP film for labels and consumer packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [CCL Industries](https://endata.com/companies/611.md) (acquirer)
- [M&C S.p.A.](https://endata.com/companies/2941.md) (partner)
- [Treofan Americas](https://endata.com/companies/2942.md) (target)
- [Treofan America](https://endata.com/companies/2992.md) (target)
- [Trespaphan Mexico Holdings](https://endata.com/companies/2993.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2018/03/08/1418838/0/en/ccl-industries-signs-agreement-to-acquire-treofan-americas.html), 2018-03-08: "The purchase price, net of cash and debt assumed, is approximately $255 million with closing anticipated in the second quarter of 2018 subject to regulatory approvals."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/mas-week-rpc-group-ccl-industries-duravant/), 2018-03-16: "Canadian specialty packaging firm CCL Industries Inc has entered a binding agreement to acquire Treofan America Inc and Trespaphan Mexico Holdings GmbH from Italian private equity firm M&C SpA for $255m."

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