Steinbeis Holding GmbH divested its label printing segment to CCL Industries Inc. as part of a strategic shift to focus on core areas, facilitating CCL's expansion in key international markets.
Target Information
The Steinbeis Holding GmbH is the parent company of the Steinbeis family, located in Stuttgart, Germany. A significant player in the packaging industry, specifically in the field of label printing, the holding company operates various subsidiaries across multiple countries.
For this transaction, Steinbeis Holding GmbH divested a segment of its business focused on label printing, which included operations based in Holzkirchen, Germany; Boothwyn, USA; Hefei, China; and Perigueux, France. The spin-off was completed as part of a strategic decision to focus on core business areas.
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Industry Overview
The packaging industry in Germany has seen substantial growth and innovation over recent years. As one of the largest packaging markets in Europe, it benefits from advance
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CCL Industries Inc.
invested in
Steinbeis Holding GmbH Label Printing Division
in 2005
in a Joint Venture deal