A Derbyshire lanyard manufacturer has been acquired by a world leader in label, security and packaging solutions, with legal support from MD Law.
CCL Industries Inc. (CCL) has bought Long Eaton-based Humphreys Holdings Ltd, trading as We Print Lanyards, a designer and manufacturer of custom lanyards, name badges and ID cards.
Sheffield’s MD Law advised to Humphreys Holdings Ltd while Shorts’ Corporate Finance team were lead advisers.
Established in 2012 by Malcolm Humphreys, We Print Lanyards manufactures all of its products in the UK, carrying the Made in Britain accreditation mark.
Geoffrey T. Martin, President and Chief Executive Officer of CCL Industries Inc., commented: “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.”
Malcolm Humphreys, Founder of Humphreys Holdings remarked: “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.”
James Burdekin, Partner at MD Law, said “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.”
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”
CCL subsidiary, Avery, is the world’s largest supplier of labels, converted media and software solutions for short-run digital printing applications for businesses and consumers available alongside complementary products sold through distributors, mass market stores and e-commerce retailers.
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