Label Giant CCL Continues To Expand Its Business Footprint, Acquiring ALT With A Focus On The Automotive Precision Manufacturing Sector

A few days ago, Tagjun saw a piece of news: At the beginning of 2026, CCL (Siai Group) quickly started its strategic layout with an open attitude, and acquired Advanced Safety Technologies, a leading automotive airbag component company, and its subsidiary ALT Technologies (hereinafter referred to as "ALT") for 32 million Canadian dollars (about 160 million yuan) (the specific amount is subject to customary delivery conditions) with no debt and all cash ) refers directly to the precision manufacturing track in the field of automotive safety.

According to public information, CCL's acquisition of ALT is a private company focused on providing covers, sheaths and seals for automotive airbags, as well as solutions such as durable labels for the automotive and industrial markets. ALT has production sites in the Netherlands, Romania, China and Mexico. As of November 30, 2025, ALT's annual sales were approximately 67 million Canadian dollars (approximately 340 million yuan), and its adjusted EBITDA margin was as high as 11.3%, with strong profitability and market risk resistance.

At present, the two parties have signed a binding acquisition agreement, and the transaction is expected to close in the second quarter of 2026, subject to regulatory procedures.

For CCL, this is more than just a simple scale expansion. "The company has a deep relationship with the management team of Aeti Technology for more than 25 years and has seen firsthand how it has grown into a global leader in the airbag industry," said Jeffrey Martin, CEO and President of CCL. After the completion of this acquisition, CCL will add a new department to its CCL Design business segment, the automotive safety business unit, marking its official crossover into the automotive safety field. This strategic layout not only demonstrates CCL's keen insight into emerging markets, but also reflects its determination to diversify its business through mergers and acquisitions.

For the label industry, CCL's acquisition conveys a direction to us: the segmented demand in the fields of automobiles and new energy is becoming a new growth point for label companies, which enlightens us that label companies should break traditional boundaries, actively explore the possibility of cross-border integration, rely on the huge local market, promote the deep integration of label technology and emerging industries, seize the emerging track, and obtain new growth points.

Of course, CCL's acquisition of ALT is also a typical case in the current wave of global mergers and acquisitions. With the intensification of industry competition and the continuous advancement of technology, more and more enterprises have begun to achieve resource integration and industrial upgrading through mergers and acquisitions. This also enlightens industry enterprises to pay close attention to industry trends, actively participate in mergers and acquisitions and restructuring activities, obtain key resources and technologies through mergers and acquisitions, and promote their own industrial upgrading and transformation and development.