CCL.A CCL Industries Inc

CCL Industries Inc. ("CCL") (TSX:CCL.A) (TSX:CCL.B), a world leader in specialty
label and packaging solutions for global corporations, small businesses and
consumers announced today that it has signed a binding agreement to acquire the
assets of Advanced Packaging Films GmbH in Schkopau, near Leipzig, Germany, for
approximately $9 million in cash and assumed debt. The new business unit will
trade as Advanced Performance Films and will be an integral part of the CCL
Label global Food & Beverage business headed by Guenther Birkner, President. The
transaction is expected to close on October 31, 2013.


Mr. Birkner commented, "This new capability allows us to design proprietary,
specialty films for new sleeve and pressure sensitive label applications while
improving our supply chain performance for part of today's demand. It is an
important strategic step as we seek to accelerate growth with global brand
owners in the premium segment of this market. We remain the world's largest
trade buyer of heat shrinkable films for label applications from our valued
supply partners."


Geoffrey T. Martin, President & CEO of CCL Industries added, "Over time we
expect to develop more capabilities across the company in the materials science
field as we seek to innovate new ideas for customers. Bolt on acquisitions like
this could become an important part of that strategy."


CCL Industries employs approximately 9,600 people and operates 87 production
facilities in 25 countries on 5 continents with corporate offices in Toronto
Canada, and Framingham, Massachusetts. CCL Label is the world's largest
converter of pressure sensitive and film materials for a wide range of
decorative, instructional and functional applications for large global customers
in the consumer packaging, healthcare, automotive and consumer durables markets.
Extruded plastic tubes, folded instructional leaflets, precision printed & die
cut metal components with LED displays and other complementary products and
services are sold in parallel to specific end use markets. Avery is the world's
largest supplier of labels, specialty converted media and software solutions to
enable short run digital printing in businesses and homes alongside
complementary office products sold through distributors and mass market
retailers. CCL Container is a leading producer of impact extruded aluminum
aerosol cans and bottles for consumer packaged goods customers in the United
States, Canada and Mexico.


This press release contains forward-looking information and forward-looking
statements, as defined under applicable securities laws, (hereinafter
collectively referred to as "forward-looking statements") that involve a number
of risks and uncertainties. Forward-looking statements include all statements
that are predictive in nature or depend on future events or conditions.
Forward-looking statements are typically identified by the words "believes,"
"expects," "anticipates," "estimates," "intends," "plans" or similar
expressions. Statements regarding the operations, business, financial condition,
priorities, ongoing objectives, strategies and outlook of the Company, other
than statements of historical fact, are forward-looking statements.
Specifically, this press release contains forward-looking statements regarding
the anticipated completion and success of the acquisition; and the Company's
expectations regarding general business and economic conditions. Forward-looking
statements are not guarantees of future performance. They involve known and
unknown risks and uncertainties relating to future events and conditions
including, but not limited to, the evolving global financial crisis and its
impact on the world economy and capital markets; the impact of competition;
consumer confidence and spending preferences; general economic and geopolitical
conditions; currency exchange rates; interest rates and credit availability;
technological change; changes in government regulations; risks associated with
operating and product hazards; and CCL's ability to attract and retain qualified
employees. Do not unduly rely on forward-looking statements as the Company's
actual results could differ materially from those anticipated in these
forward-looking statements. Forward-looking statements are also based on a
number of assumptions, which may prove to be incorrect, including, but not
limited to, assumptions about the following: global economic recovery and higher
consumer spending; improved customer demand for the Company's products;
continued historical growth trends, market growth in specific segments and
entering into new segments; the Company's ability to provide a wide range of
products to multinational customers on a global basis; the benefits of the
Company's focused strategies and operational approach; the achievement of the
Company's plans for improved efficiency and lower costs, including stable
aluminum costs; the availability of cash and credit; fluctuations of currency
exchange rates; the Company's continued relations with its customers; and
general business and economic conditions. Should one or more risks materialize
or should any assumptions prove incorrect, then actual results could vary
materially from those expressed or implied in the forward-looking statements. 

Further details on key risks can be found in the MD&A section of CCL's 2012
Annual Report, particularly under Section 4: "Risks and Uncertainties." CCL's
annual and quarterly reports can be found online at www.cclind.com and
www.sedar.com or are available upon request. Except as otherwise indicated,
forward-looking statements do not take into account the effect that transactions
or non-recurring or other special items announced or occurring after the
statements are made may have on CCL's business. Such statements do not, unless
otherwise specified by the Company, reflect the impact of dispositions, sales of
assets, monetizations, mergers, acquisitions, other business combinations or
transactions, asset write-downs or other charges announced or occurring after
forward-looking statements are made. The financial impact of these transactions
and non-recurring and other special items can be complex and depends on the
facts particular to each of them and therefore cannot be described in a
meaningful way in advance of knowing specific facts. The forward-looking
statements are provided as of the date of this press release and the Company
does not assume any obligation to update or revise the forward-looking
statements to reflect new events or circumstances, except as required by law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
CCL Industries Inc.
Sean Washchuk
Senior Vice President and Chief Financial Officer
416-756-8526
www.cclind.com

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