# CCL Industries acquires Ibertex Etiquetaje Industrial and Eti-Textil Maroc

CCL Industries Inc. has acquired privately owned Ibertex Etiquetaje Industrial S.L.U. and Eti-Textil Maroc S.a.r.l. AU for an enterprise value of approximately $19.6 million. The acquisition will integrate into the Apparel Labeling Systems business of Checkpoint.

- Type: Acquisition
- Announced: 2020-01-31
- Where: Elche, Spain; Tangier, Morocco, Spain
- Value: $19.6M
- Status: announced
- Products: apparel labels, RFID labeling products
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [CCL Industries](https://endata.com/companies/611.md) (acquirer)
- [Ibertex Etiquetaje Industrial](https://endata.com/companies/44927.md) (target)
- [Eti-Textil Maroc](https://endata.com/companies/44928.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2020/01/31/1978147/0/en/CCL-Industries-Announces-Bolt-on-Acquisition-for-Checkpoint.html), 2020-01-31: "CCL Industries Inc. announced today it has acquired privately owned Ibertex Etiquetaje Industrial S.L.U. and Eti-Textil Maroc S.a.r.l. AU."

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