CCL Industries’ Planned Acquisition of Checkpoint Systems Could Boost Smart Labels Market

Smart labels are a strong opportunity for narrow web converters, There are some printers already in the field – Si-Cal and GSI Technologies, to name two – but the largest players have remained relatively silent. That changed in early March, when CCL Industries, the world’s largest label printer, announced it has entered into a definite agrement to acquire Checkpoint Systems, a major manufacturer of RFID tags and inlays, for $556 million. The boards of directors of both companies unanimo...