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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.
CARBIOS and French label maker SLEEVER signed an exclusive long-term contract to jointly develop Home Compost biodegradable shrinksleeve films, including a master supply agreement for CARBIOS Active enzyme for PLA biodegradation.
France-based Sleever, a shrink sleeve labelling and equipment maker, has taken a majority stake in Helios Packaging, a sleeve technology firm in Wommelgem, Belgium. Financial terms were not disclosed.