CCL Industries to acquire Sleever International

Packaging Solutions

CCL Industries Inc has announced that it has signed a binding option agreement to acquire Sleever International Company SAS, the family owned pioneer in shrink sleeve technologies, application equipment, and high end decorating services for consumer packaged goods and healthcare markets worldwide.

With headquarters near Paris and 11 manufacturing sites across Canada, France, Germany, Belgium, Ireland, Poland, China and Brazil, Sleever generated approximately $213 million in 2025 sales.

The transaction is expected to close by mid 2026 following required procedures, including workers council consultations in France.

Guenther Birkner, president, food and beverage, healthcare and specialty and Innovia. 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 critical role in helping brands improve shelf impact, enhance consumer engagement, and meet evolving sustainability commitments.’

Sleever adds to the existing portfolio complementary sleeve material capabilities, energy efficient sleeve application systems and decoration services designed to reduce waste and support circularity.

Geoffrey T Martin, president and chief executive officer of CCL Industries Inc, commented:  ‘We have known Eric Fresnel, the visionary, entrepreneurial leader and principal shareholder of Sleever, for almost 20 years. We are excited to have the opportunity to combine our respective sleeve product lines; together approximately $700 million in sales in 2025. We welcome all 910 employees from Sleever and Eric Fresnel who will remain in an advisory role to support the transition.’