CCL Industries Inc. has signed an agreement to acquire Sleever International Company SAS. 

Sleever is a family-owned pioneer in shrink sleeve technologies, application equipment, and high-end decorating services. The company serves the consumer packaged goods and healthcare markets worldwide.

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

Integrating these additional capabilities with CCL’s global footprint, sustainable product portfolio, and R&D resources will further strengthen the development of next-generation sustainable solutions for multinational and regional customers alike and open growth opportunities.

Geoffrey T. Martin, president and CEO of CCL Industries, comments, “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.”

With a 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 with an estimated 11.1% adjusted EBITDA margin. 

This acquisition underscores CCL’s commitment to helping brand owners meet rising regulatory and consumer expectations for environmentally responsible packaging.

The transaction is expected to close by mid-2026 following the required procedures.