CCL, a global specialty label, security and packaging solutions firm, has acquired Humphreys Holdings Ltd, trading as We Print Lanyards, a designer and manufacturer of custom lanyards, name badges and ID cards, based in Long Eaton, Derbyshire.
It comes as a bolt-on acquisition for CCL subsidiary Avery, a supplier of labels, specialty converted media and software solutions for short-run digital printing applications for businesses and consumers.
Shorts’ corporate finance team were lead advisers to Humphreys Holdings Ltd and MD Law provided legal advice to the sellers.
Established in 2012 by Malcolm Humphreys, We Print Lanyards produce all of their products in the UK, carrying the Made in Britain accreditation mark.
Malcolm Humphreys, founder of Humphreys Holdings, said: “The acquisition by CCL Industries shows a great testament of the strength of our businesses and brand. The knowledge that under CCL the businesses will thrive and fulfil their potential was my main driver to agreeing the CCL purchase.”
Geoffrey T. Martin, president and CEO of CCL Industries Inc., said: “This acquisition continues to build on Avery’s rapidly growing portfolio of access control, badging and credentials technologies, products and brands focused on the retail, hospitality, live events and conferencing markets.”
Andy Ryder, corporate finance partner at Shorts, said: “It has been a pleasure for the Shorts team to advise the shareholders on this transaction. It represents exciting inward investment into the region, and we look forward to seeing the business flourish with the support of Avery/CCL.”
James Burdekin, partner at MD Law, added: “We were delighted to provide legal support to the sellers throughout the sales process. This deal demonstrates the strategic value SME businesses can add to global brands. Having worked alongside the team at CCL throughout the sale we are of no doubt that the business is in safe hands.”
