CCL Industries acquires Sleever International to expand sustainable labelling solutions, enhance innovation, and support circular packaging globally.
CCL Industries Inc., a global leader in specialty labels and packaging solutions, has announced its acquisition of Sleever International Company SAS. This strategic move aims to enhance sustainable labelling solutions for global brands while advancing innovation in circular packaging.
Sleever International, a pioneer in shrink sleeve technologies, operates 11 manufacturing sites across Canada, France, Germany, Belgium, Ireland, Poland, China, and Brazil. In 2025, the company generated $213 million in sales with an 11.1% adjusted EBITDA margin. The acquisition is expected to close by mid-2026, following regulatory procedures and consultations.
Enhancing sleeve decoration for global brands
Guenther Birkner, president of food & beverage, healthcare & specialty, and Innovia at CCL Industries, highlighted the synergy between the two companies. He stated, “The acquisition combines our respective sleeve product lines and brings together two innovation-driven organisations with complementary strengths in premium labelling and decoration technologies.”
Shrink sleeves, one of the fastest-growing decoration technologies, play a pivotal role in improving shelf impact, enhancing consumer engagement, and meeting sustainability goals. By integrating Sleever’s capabilities, CCL aims to offer:
- Expanded sustainable sleeve options.
- Energy-efficient sleeve application systems.
- High-end decoration services designed to reduce waste and support circularity.
Advancing innovation and circular packaging
The combined platform will strengthen CCL’s portfolio, offering customers:
- A broader global manufacturing network for improved supply resilience.
- Customised sustainable sleeve materials.
- Advanced application and decoration technologies to enhance efficiency and reduce energy use.
- Accelerated innovation cycles through shared R&D and engineering capabilities.
This acquisition underscores CCL’s commitment to helping brands meet regulatory and consumer expectations for environmentally responsible packaging without compromising performance or aesthetics.
A $700 million sleeve platform
Geoffrey T. Martin, president and CEO of CCL Industries, expressed excitement about the acquisition. “We have known Eric Fresnel, the visionary leader of Sleever, for almost 20 years. Together, our sleeve product lines represent approximately $700 million in sales in 2025. We welcome Sleever’s 910 employees and Eric Fresnel, who will remain in an advisory role to support the transition.”
