CCL Industries, a global provider of specialty labels, security solutions and packaging systems, has announced plans to acquire Sleever International, a family-owned innovator in shrink sleeve technology, application equipment and premium decoration services for consumer goods and healthcare markets.
Headquartered near Paris, Sleever operates 11 manufacturing facilities across Canada, France, Germany, Belgium, Ireland, Poland, China and Brazil. The company reported approximately $213 million in revenue for 2025, with an adjusted EBITDA margin of around 11.1%. The transaction is anticipated to be finalised by mid-2026.
Guenther Birkner, President of Food & Beverage, Healthcare & Specialty and Innovia at CCL Industries, commented: “This acquisition brings together two innovation-led businesses, combining our respective sleeve product portfolios and strengthening our position in premium labelling and decoration technologies.
“Shrink sleeves—one of the fastest-growing decoration formats—are increasingly important for brands seeking to enhance shelf appeal, improve consumer interaction and deliver on evolving sustainability targets.”
Geoffrey T. Martin, President and CEO of CCL Industries Inc., added: “We have known Eric Fresnel, Sleever’s entrepreneurial founder and principal shareholder, for nearly two decades.
“This combination will create a sleeve business with approximately $700 million in pro forma 2025 sales. We are delighted to welcome Sleever’s 910 employees to CCL, and Eric Fresnel will continue in an advisory capacity to support a smooth transition.”
