CCL Industries has announced its acquisition of ALT Technologies for approximately $32 million to enhance its automotive safety segment.

Target Company Overview

Advanced Safety Technologies, operating under the name ALT Technologies, specializes in manufacturing critical components for the automotive industry. The company’s product range includes covers, wraps, and seals designed for airbags, as well as durable labels catered to both automotive and industrial clients. With over 20 years of experience in the market, ALT Technologies has established a significant presence through its production facilities located in the Netherlands, Romania, China, and Mexico.

For the fiscal year ending November 30, 2025, ALT Technologies reported sales of approximately $67 million and an adjusted EBITDA margin of 11.3%. The company’s commitment to producing high-quality, die-cut, self-adhesive, and printed components positions it as a leader in providing solutions for demanding environments within the automotive and industrial sectors. Existing operations will continue as usual until the acquisition is finalized.

Industry Overview

The automotive industry is a critical contributor to the global economy, characterized by rapid innovation and evolving safety standards. In recent years, there has been a marked shift towards enhancing occupant safety in vehic