CCL Industries announced today that it has signed a binding agreement to divest the assets of its ABS ‘Bag-on-Valve’ business to AptarGroup, Inc. The business is a product line of CCL Container, sold in conjunction with aluminum aerosol containers for applications requiring separation between the propellant and the contents. CCL Container will retain the aluminum aerosol can business sold to customers using the ‘Bag-on-Valve’ system and AptarGroup will separately market these specialized dispensing systems to the customers.
Read Article