Steinbeis Holding GmbH sold its label printing division to CCL Industries Inc. as part of a strategic restructuring to enhance market focus and operational efficiency.
Target Company Overview
Steinbeis Holding GmbH is a family-owned holding company based in Stuttgart, Germany. It serves as the parent entity for various subsidiaries, primarily focusing on packaging solutions and related industries. With a strong foothold in Europe and a growing presence in markets such as Asia and North America, the company has become a significant player in the industrial products sector.
The specific business unit involved in this transaction is the label printing division, which includes facilities in Holzkirchen, Germany, Boothwyn, USA, Hefei, ROC, and Perigeux, France. This division specializes in high-quality label printing and has established a reputation for excellence in both production and customer service.
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Industry Overview in Germany
The packaging industry in Germany is robust and continues to evolve, driven by technological advancements and changing consumer preferences. Germany ranks among the top packaging markets in Europe, w
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CCL Industries Inc. → Steinbeis Holding GmbH Label Printing Division
2005
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in 2005
in a Joint Venture deal