CCL Industries Closing of Sleever International Acquisition

TORONTO, ON / ACCESS Newswire / June 1, 2026 / CCL Industries Inc. (TSX:CCL.A)(TSX:CCL.B) (the "Company"), a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced today the closing of the acquisition of Sleever International Company SA, its subsidiaries and related companies ("Sleever"), a privately owned manufacturer of shrink sleeve labels, extruded films and application equipment for consumer packaged goods and healthcare customers globally. The new label and film businesses will immediately be renamed CCL Label and Innovia Films respectively, while the application equipment business will retain the Sleever name.

Commenting on the acquisition, Mr. Geoffrey T. Martin, President & Chief Executive Officer of CCL Industries Inc., said, "I am pleased that Sleever's former principal shareholder, Eric Fresnel, has been retained in an advisory capacity while Guenther Birkner, President of CCL Label's Food & Beverage sector and Innovia Films, will now have overall responsibility for this acquisition with immediate effect."

Forward-looking Statements

This press release contains forward-looking information and forward-looking statements, as defined under applicable securities laws, (hereinafter collectively referred to as "forward-looking statements") that involve a number of risks and uncertainties. Forward-looking statements include all statements that are predictive in nature or depend on future events or conditions. Forward-looking statements are typically identified by the words "believes," "expects," "anticipates," "estimates," "intends," "plans" or similar expressions. Statements regarding the operations, business, financial condition, priorities, ongoing objectives, strategies and outlook of the Company, other than statements of historical fact, are forward-looking statements.

Forward-looking statements are not guarantees of future performance. They involve known and unknown risks and uncertainties relating to future events and conditions including, but not limited to, the impact of competition; consumer confidence and spending preferences; general economic and geopolitical conditions; currency exchange rates; interest rates and credit availability; technological changes; changes in government regulations; risks associated with operating and product hazards; and the Company's ability to attract and retain qualified employees. Do not unduly rely on forward-looking statements as the Company's actual results could differ materially from those anticipated in these forward-looking statements. Forward-looking statements are also based on a number of assumptions, which may prove to be incorrect, including, but not limited to, assumptions about the following: consumer spending; customer demand for the Company's products; market growth in specific sectors and entrance into new markets; the Company's ability to provide a wide range of products to multinational customers on a global basis; the benefits of the Company's focused strategies and operational approach; the achievement of the Company's plans for improved efficiency and lower costs, including stable aluminum and resin costs; the availability of cash and credit; fluctuations of currency exchange rates; the Company's continued relations with its customers; and economic conditions. Should one or more risks materialize or should any assumptions prove incorrect, then actual results could vary materially from those expressed or implied in the forward-looking statements. Further details on key risks can be found in the 2025 Annual Report, Management's Discussion and Analysis, particularly under Section 4: "Risks and Uncertainties." CCL Industries Inc.'s annual and quarterly reports can be found online at www.cclind.com and www.sedarplus.ca or are available upon request.

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