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{{Infobox company
{{Infobox company
| name = CCL Industries Inc.
| name = CCL Industries Inc.
| logo =
| logo = CCL Industries Logo.svg
| type = Public
| type = Public
| traded_as = {{TSX|CCL.B}} <br />
| traded_as = {{TSX|CCL.B}} <br />
[[S&P/TSX 60| S&P/TSX 60 Component]]
[[S&P/TSX 60| S&P/TSX 60 Component]]
| genre =
| genre =
| foundation = 1951 as Connecticut Chemicals (Canada) Ltd
| foundation = {{start date and age|1951}} {{small|(as Connecticut Chemicals (Canada) Ltd)}}
| founder =
| founder =
| location_city = Willowdale
| location_city =
| location_country = Canada
| location_country =
| location = [[Toronto, Canada]] & [[Framingham, Massachusetts]]<ref>{{Cite web|url=https://www.cclind.com/|title=World-class specialty packaging &#124; CCL Industries |website=www.cclind.com}}</ref>
| location =
| locations = 154 factories
| locations = 199 factories
| area_served =
| area_served =
| key_people = Geoffrey T. Martin ([[CEO]])
| key_people = Geoffrey T. Martin ([[CEO]])
Line 18: Line 18:
| services =
| services =
| market cap =
| market cap =
| revenue = {{increase}}4.0 billion C$ (2016) <ref name=":0">{{Cite web|url=http://www.cclind.com/docs/default-source/financial-reports/2016/2016-annual-report.pdf|title=CCL 2016 Annual Report|last=|first=|date=|website=|archive-url=|archive-date=|access-date=}}</ref>
| revenue = {{increase}}4.0 billion C$ (2016) <ref name=":0">{{Cite web|url=http://www.cclind.com/docs/default-source/financial-reports/2016/2016-annual-report.pdf|title=CCL 2016 Annual Report|archive-url=https://web.archive.org/web/20171006040615/http://www.cclind.com/docs/default-source/financial-reports/2016/2016-annual-report.pdf|archive-date=2017-10-06|url-status=dead}}</ref>
| operating_income =
| operating_income =
| net_income = {{increase}}346 million C$ (2016)<ref name=":0" />
| net_income = {{increase}}346 million C$ (2016)<ref name=":0" />
Line 28: Line 28:
| divisions =
| divisions =
| subsid =
| subsid =
| homepage = [http://www.cclind.com www.cclind.com]
| homepage = {{official url}}
| footnotes =
| footnotes =
| intl =
| intl =
}}
}}


'''CCL Industries Inc.''' is a [[Toronto]], [[Ontario]]-based company founded in 1951. It describes itself as the world's largest [[label]] maker.<ref name=":1">{{Cite news|url=http://www.canadianbusiness.com/lists-and-rankings/best-stocks/how-ccl-industries-quietly-became-the-worlds-largest-label-maker/|title=CCL Industries quietly became the world's largest label-maker|date=2016-07-06|work=Canadian Business - Your Source For Business News|access-date=2018-01-01|language=en-US}}</ref> It is listed on the Toronto Stock Exchange ({{TSX|CCL.B|CCL.A}}), and is an [[S&P/TSX 60]] Component. CCL consists of five divisions – CCL Label, CCL Container, Avery, Checkpoint, and Innovia. It has 154 manufacturing facilities in North America, Latin America, Europe, Asia, Australia and Africa operated by approximately 20,000 employees.<ref>{{Cite web|url=http://www.cclind.com/our-company|title=Global specialty packaging company, largest label company in the world {{!}} CCL Industries|website=www.cclind.com|access-date=2018-01-01}}</ref>
'''CCL Industries Inc.''' is an American-Canadian company founded in 1951. It describes itself as the world's largest [[label]] maker.<ref name=":1">{{Cite news|url=http://www.canadianbusiness.com/lists-and-rankings/best-stocks/how-ccl-industries-quietly-became-the-worlds-largest-label-maker/|title=CCL Industries quietly became the world's largest label-maker|date=2016-07-06|work=Canadian Business – Your Source For Business News|access-date=2018-01-01|language=en-US|archive-date=2018-01-02|archive-url=https://web.archive.org/web/20180102072954/http://www.canadianbusiness.com/lists-and-rankings/best-stocks/how-ccl-industries-quietly-became-the-worlds-largest-label-maker/|url-status=dead}}</ref> It is listed on the Toronto Stock Exchange, and is an [[S&P/TSX 60]] Component. CCL consists of five divisions – CCL Label, CCL Container, Avery, Checkpoint, and Innovia. It has 154 manufacturing facilities in North America, Latin America, Europe, Asia, Australia and Africa operated by approximately 20,000 employees.<ref>{{Cite web|url=http://www.cclind.com/our-company|title=Global specialty packaging company, largest label company in the world {{!}} CCL Industries|website=www.cclind.com|access-date=2018-01-01}}</ref>


== History ==
== History ==
CCL was founded in 1951 as Connecticut Chemicals (Canada) Limited. In 1979, the name was changed to CCL Industries.<ref name=":2">{{Cite web|url=http://www.cclind.com/docs/default-source/financial-reports/2016/aif.pdf?sfvrsn=3|title=CCL Industries - Annual Information Form 2016|last=|first=|date=|website=|archive-url=|archive-date=|access-date=}}</ref> It originally focused on [[Contract manufacturer|custom manufacturing]] for the Canadian consumer products industry.<ref name=":1" /> Starting in the 1980s, it expanded into labels and other packaging, and also expanded internationally into the United States and the United Kingdom.<ref name=":2" /> It went public on the [[Toronto Stock Exchange]] in 1999.<ref>{{Cite web|url=https://www.crunchbase.com/ipo/ccl-industries-inc-ipo--0fdcfdaf|title=CCL Industries went public on 1999-04-09 - TSE:CCL {{!}} Crunchbase|website=Crunchbase|language=en|access-date=2018-01-01}}</ref> In the 2000s, it started shifting away from custom manufacturing and towards labels and packaging; in 2005, it sold its custom manufacturing business to KCP Income Fund for $256 million.<ref>{{Cite news|url=http://www.cbc.ca/news/business/kcp-pays-265m-for-ccl-custom-1.545816|title=KCP pays $265M for CCL Custom|work=CBC News|access-date=2018-01-01|language=en}}</ref> In 2006, it sold its interest in ColepCCP, a European custom manufacturing joint venture with Portuguese company [[Grupo RAR|RAR]], for $140 million.<ref>{{Cite news|url=https://www.canplastics.com/canplastics/ccl-industries-to-sell-interest-in-european-jv/1000069945/|title=CCL Industries to sell interest in European JV - Canadian Plastics|date=2007-10-08|work=Canadian Plastics|access-date=2018-01-01|language=en-US}}</ref> In 2013, it acquired Avery for $500 million from [[Avery Dennison]], its biggest acquisition to that time.<ref>{{Cite news|url=https://www.theglobeandmail.com/globe-investor/ccls-acquisition-of-avery-assets-to-transform-company/article8005386/|title=CCL's acquisition of Avery assets to 'transform' company|last=|first=|date=2013-01-30|work=The Globe and Mail|access-date=2018-01-01|archive-url=|archive-date=}}</ref> In 2015, it bought Worldmark, a British labelling company specializing in labels for the technology sector, for $255 million.<ref>{{Cite news|url=https://www.bbc.com/news/uk-scotland-scotland-business-34745493|title=Canadian firm buys Worldmark for £126m|date=2015-11-06|work=BBC News|access-date=2018-01-01|language=en-GB}}</ref> In 2016, it acquired Checkpoint Systems for $422 million.<ref>{{Cite news|url=https://www.reuters.com/article/us-checkpoint-m-a-ccl-industries/canadas-ccl-industries-to-buy-checkpoint-for-422-million-idUSKCN0W41EY|title=Canada's CCL to buy anti-theft tag maker Checkpoint for $422 million|last=|first=|date=2016-03-02|work=Reuters|access-date=2018-01-01|archive-url=|archive-date=}}</ref> In December 2016, CCL acquired Innovia Films Ltd, a British specialty films company, for $1.13 billion Canadian Dollars.<ref>{{cite web|url=https://www.bbc.co.uk/news/business-38376517|title=Plastic £5 note firm Innovia bought by Canada's CCL|publisher=BBC News|accessdate=25 December 2016}}</ref> In 2017, it joined the [[S&P/TSX 60]].<ref>{{Cite web|url=http://www.newswire.ca/news-releases/sp-dow-jones-indices-announces-changes-to-the-sptsx-canadian-indices-627528223.html|title=S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices|website=www.newswire.ca|language=en|access-date=2018-01-01}}</ref>
CCL was founded in 1951 as Connecticut Chemicals (Canada) Limited. In 1979, the name was changed to CCL Industries.<ref name=":2">{{Cite web|url=http://www.cclind.com/docs/default-source/financial-reports/2016/aif.pdf?sfvrsn=3|title=CCL Industries – Annual Information Form 2016|archive-url=https://web.archive.org/web/20170627000658/http://www.cclind.com/docs/default-source/financial-reports/2016/aif.pdf?sfvrsn=3|archive-date=2017-06-27|url-status=dead}}</ref> It originally focused on [[Contract manufacturer|custom manufacturing]] for the Canadian consumer products industry.<ref name=":1" /> Starting in the 1980s, it expanded into labels and other packaging, and also expanded internationally into the United States and the United Kingdom.<ref name=":2" /> It went public on the [[Toronto Stock Exchange]] in 1980.<ref>{{Cite book |title=CCL Industries Inc. 1980 Annual Report |publisher=CCL Industries Inc. |year=1981 |url=https://digital.library.mcgill.ca/images/hrcorpreports/pdfs/6/633431.pdf |pages=4}}</ref> In the 2000s, it started shifting away from custom manufacturing and towards labels and packaging; in 2005, it sold its custom manufacturing business to KCP Income Fund for $256 million.<ref>{{Cite news|url=http://www.cbc.ca/news/business/kcp-pays-265m-for-ccl-custom-1.545816|title=KCP pays $265M for CCL Custom|work=CBC News|access-date=2018-01-01|language=en}}</ref> In 2006, it sold its interest in ColepCCP, a European custom manufacturing joint venture with Portuguese company [[Grupo RAR|RAR]], for $140 million.<ref>{{Cite news|url=https://www.canplastics.com/canplastics/ccl-industries-to-sell-interest-in-european-jv/1000069945/|title=CCL Industries to sell interest in European JV – Canadian Plastics|date=2007-10-08|work=Canadian Plastics|access-date=2018-01-01|language=en-US}}</ref> In 2013, it acquired Avery for $500 million from [[Avery Dennison]], its biggest acquisition to that time.<ref>{{Cite news|url=https://www.theglobeandmail.com/globe-investor/ccls-acquisition-of-avery-assets-to-transform-company/article8005386/|title=CCL's acquisition of Avery assets to 'transform' company|date=2013-01-30|work=The Globe and Mail|access-date=2018-01-01}}</ref> In 2015, it bought Worldmark, a British labelling company specializing in labels for the technology sector, for $255 million.<ref>{{Cite news|url=https://www.bbc.com/news/uk-scotland-scotland-business-34745493|title=Canadian firm buys Worldmark for £126m|date=2015-11-06|work=BBC News|access-date=2018-01-01|language=en-GB}}</ref> In 2016, it acquired Checkpoint Systems for $422 million.<ref>{{Cite news|url=https://www.reuters.com/article/us-checkpoint-m-a-ccl-industries/canadas-ccl-industries-to-buy-checkpoint-for-422-million-idUSKCN0W41EY|title=Canada's CCL to buy anti-theft tag maker Checkpoint for $422 million|date=2016-03-02|work=Reuters|access-date=2018-01-01}}</ref> In December 2016, CCL acquired Innovia Films Ltd, a British specialty films company, for $1.13 billion Canadian Dollars.<ref>{{cite news|url=https://www.bbc.co.uk/news/business-38376517|title=Plastic £5 note firm Innovia bought by Canada's CCL|date=20 December 2016|publisher=BBC News|accessdate=25 December 2016}}</ref> In 2017, it joined the [[S&P/TSX 60]].<ref>{{Cite web|url=http://www.newswire.ca/news-releases/sp-dow-jones-indices-announces-changes-to-the-sptsx-canadian-indices-627528223.html|title=S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices|website=www.newswire.ca|language=en|access-date=2018-01-01}}</ref>


== Business ==
== Business ==
CCL provides labels and packaging products to various markets, including consumer product, healthcare, and industrial companies.<ref name=":0" /> Specific markets served include the home product, [[personal care]], food&beverage, pharmaceutical, apparel, industrial chemical, automotive, and electronics markets.<ref name=":0" /> As of 2016, 5% of sales were in Canada, 46% were in the United States, 7% were in Latin America, 28% were in Europe, and the other 14% were in Asia-Pacific and Africa.<ref name=":0" />
CCL provides labels and packaging products to various markets, including consumer product, healthcare, and industrial companies.<ref name=":0" /> Specific markets served include the home product, [[personal care]], food & beverage, pharmaceutical, apparel, industrial chemical, automotive, and electronics markets.<ref name=":0" /> As of 2016, 5% of sales were in Canada, 46% were in the United States, 7% were in Latin America, 28% were in Europe, and the other 14% were in Asia-Pacific and Africa.<ref name=":0" />


== Divisions ==
== Divisions ==


'''CCL Label'''
===CCL Label===
:CCL's Label business is its largest business segment; contributing approximately 63% to CCL's total sales as of 2016.<ref name=":0" /> The Label Division provides package decorating solutions{{clarify|date=March 2011}} and specialty label applications for global customers. CCL Label is one of the world's largest converters of [[pressure-sensitive adhesive|pressure-sensitive]] and film materials.{{citation needed|date=March 2011}} The company produces a wide range of labelling products including expanded content, 2-ply, WashOff, [[CCL Label Decorative Sleeves|Shrink Sleeves]], [[RFID]] and promotional pieces.
CCL's Label business is its largest business segment; contributing approximately 63% to CCL's total sales as of 2016.<ref name=":0" /> The Label Division provides package decorating solutions{{clarify|date=March 2011}} and specialty label applications for global customers. CCL Label is one of the world's largest converters of [[pressure-sensitive adhesive|pressure-sensitive]] and film materials.{{citation needed|date=March 2011}} The company produces a wide range of labelling products including expanded content, 2-ply, WashOff, [[CCL Label Decorative Sleeves|Shrink Sleeves]], [[RFID]] and promotional pieces.


'''CCL Container'''
===CCL Container===
: Container business contributes approximately 6% to CCL's total sales<ref name=":0" /> and is a manufacturer of aluminum cans and beverage bottles in North America.
Container business contributes approximately 6% to CCL's total sales<ref name=":0" /> and is a manufacturer of aluminum cans and beverage bottles in North America.


'''Avery'''
===Avery===
: Contributing approximately 20% to CCL's total sales,<ref name=":0" /> Avery was acquired from [[Avery Dennison]] in 2013 and supplies media for use in Digital printers.
Contributing approximately 20% to CCL's total sales,<ref name=":0" /> Avery was acquired from [[Avery Dennison]] in 2013 and supplies media for use in digital printers.


'''[[Checkpoint Systems]]'''
===[[Checkpoint Systems]]===
: Acquired in 2016, Checkpoint contributes approximately 11% of CCL's total sales. It provides [[Retail loss prevention|loss-prevention]] and [[Stock management|inventory management]] labelling for clothing retailers.
Acquired in 2016, Checkpoint contributes approximately 11% of CCL's total sales. It provides [[Retail loss prevention|loss-prevention]] and [[Stock management|inventory management]] labelling for clothing retailers.

⚫
'''[[Innovia Films Ltd]]'''


⚫
===[[Innovia Films Ltd]]===
Acquired in December 2016, Innovia manufactures specialty films for packaging, labelling, graphic arts and industrial products.
Acquired in December 2016, Innovia manufactures specialty films for packaging, labelling, graphic arts and industrial products.


== References ==
== References ==
{{reflist}}
{{Reflist}}


==External links==
==External links==
* {{Official website|http://www.cclind.com}}
* {{Official website|http://www.cclind.com}}
* Toronto Stock Exchange: {{TSX|CCL.B|CCL.A}}

{{S&P/TSX 60}}
{{Authority control}}


[[Category:Companies listed on the Toronto Stock Exchange]]
[[Category:Companies listed on the Toronto Stock Exchange]]
[[Category:Manufacturing companies of Canada]]
[[Category:Packaging companies of Canada]]
[[Category:S&P/TSX 60 Index]]
[[Category:Manufacturing companies based in Toronto]]
[[Category:Manufacturing companies established in 1951]]
[[Category:Canadian companies established in 1951]]
[[Category:Canadian companies established in 1951]]

Latest revision as of 12:17, 19 September 2024

CCL Industries Inc.
Company typePublic
TSX: CCL.B
S&P/TSX 60 Component
IndustryPackaging & Containers
Founded1951; 73 years ago (1951) (as Connecticut Chemicals (Canada) Ltd)
HeadquartersToronto, Canada & Framingham, Massachusetts[1]
Number of locations
199 factories
Key people
Geoffrey T. Martin (CEO)
RevenueIncrease4.0 billion C$ (2016) [2]
Increase346 million C$ (2016)[2]
Number of employees
20,000 (2016)
Websitecclind.com Edit this at Wikidata

CCL Industries Inc. is an American-Canadian company founded in 1951. It describes itself as the world's largest label maker.[3] It is listed on the Toronto Stock Exchange, and is an S&P/TSX 60 Component. CCL consists of five divisions – CCL Label, CCL Container, Avery, Checkpoint, and Innovia. It has 154 manufacturing facilities in North America, Latin America, Europe, Asia, Australia and Africa operated by approximately 20,000 employees.[4]

History

[edit]

CCL was founded in 1951 as Connecticut Chemicals (Canada) Limited. In 1979, the name was changed to CCL Industries.[5] It originally focused on custom manufacturing for the Canadian consumer products industry.[3] Starting in the 1980s, it expanded into labels and other packaging, and also expanded internationally into the United States and the United Kingdom.[5] It went public on the Toronto Stock Exchange in 1980.[6] In the 2000s, it started shifting away from custom manufacturing and towards labels and packaging; in 2005, it sold its custom manufacturing business to KCP Income Fund for $256 million.[7] In 2006, it sold its interest in ColepCCP, a European custom manufacturing joint venture with Portuguese company RAR, for $140 million.[8] In 2013, it acquired Avery for $500 million from Avery Dennison, its biggest acquisition to that time.[9] In 2015, it bought Worldmark, a British labelling company specializing in labels for the technology sector, for $255 million.[10] In 2016, it acquired Checkpoint Systems for $422 million.[11] In December 2016, CCL acquired Innovia Films Ltd, a British specialty films company, for $1.13 billion Canadian Dollars.[12] In 2017, it joined the S&P/TSX 60.[13]

Business

[edit]

CCL provides labels and packaging products to various markets, including consumer product, healthcare, and industrial companies.[2] Specific markets served include the home product, personal care, food & beverage, pharmaceutical, apparel, industrial chemical, automotive, and electronics markets.[2] As of 2016, 5% of sales were in Canada, 46% were in the United States, 7% were in Latin America, 28% were in Europe, and the other 14% were in Asia-Pacific and Africa.[2]

Divisions

[edit]

CCL Label

[edit]

CCL's Label business is its largest business segment; contributing approximately 63% to CCL's total sales as of 2016.[2] The Label Division provides package decorating solutions[clarification needed] and specialty label applications for global customers. CCL Label is one of the world's largest converters of pressure-sensitive and film materials.[citation needed] The company produces a wide range of labelling products including expanded content, 2-ply, WashOff, Shrink Sleeves, RFID and promotional pieces.

CCL Container

[edit]

Container business contributes approximately 6% to CCL's total sales[2] and is a manufacturer of aluminum cans and beverage bottles in North America.

Avery

[edit]

Contributing approximately 20% to CCL's total sales,[2] Avery was acquired from Avery Dennison in 2013 and supplies media for use in digital printers.

Checkpoint Systems

[edit]

Acquired in 2016, Checkpoint contributes approximately 11% of CCL's total sales. It provides loss-prevention and inventory management labelling for clothing retailers.

Innovia Films Ltd

[edit]

Acquired in December 2016, Innovia manufactures specialty films for packaging, labelling, graphic arts and industrial products.

References

[edit]
  1. ^ "World-class specialty packaging | CCL Industries". www.cclind.com.
  2. ^ a b c d e f g h "CCL 2016 Annual Report" (PDF). Archived from the original (PDF) on 2017-10-06.
  3. ^ a b "CCL Industries quietly became the world's largest label-maker". Canadian Business – Your Source For Business News. 2016-07-06. Archived from the original on 2018-01-02. Retrieved 2018-01-01.
  4. ^ "Global specialty packaging company, largest label company in the world | CCL Industries". www.cclind.com. Retrieved 2018-01-01.
  5. ^ a b "CCL Industries – Annual Information Form 2016" (PDF). Archived from the original (PDF) on 2017-06-27.
  6. ^ CCL Industries Inc. 1980 Annual Report (PDF). CCL Industries Inc. 1981. p. 4.
  7. ^ "KCP pays $265M for CCL Custom". CBC News. Retrieved 2018-01-01.
  8. ^ "CCL Industries to sell interest in European JV – Canadian Plastics". Canadian Plastics. 2007-10-08. Retrieved 2018-01-01.
  9. ^ "CCL's acquisition of Avery assets to 'transform' company". The Globe and Mail. 2013-01-30. Retrieved 2018-01-01.
  10. ^ "Canadian firm buys Worldmark for £126m". BBC News. 2015-11-06. Retrieved 2018-01-01.
  11. ^ "Canada's CCL to buy anti-theft tag maker Checkpoint for $422 million". Reuters. 2016-03-02. Retrieved 2018-01-01.
  12. ^ "Plastic £5 note firm Innovia bought by Canada's CCL". BBC News. 20 December 2016. Retrieved 25 December 2016.
  13. ^ "S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices". www.newswire.ca. Retrieved 2018-01-01.
[edit]
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