CCL Avery Holdings B.V. is a holding company, part of a group ultimately controlled by CCL Industries Inc., a global leader in specialty packaging, recognized as the world’s largest label company. The group has no subsidiaries in Romania but generates revenue on the national territory.
ALT Technologies Transylvania S.R.L. is the local subsidiary of the ALT Group, controlled by Advanced Safety Technologies B.V. The ALT Group is a supplier and manufacturer of die-cut and self-adhesive products for the automotive safety and durable goods sectors.
In accordance with the provisions of Competition Law no. 21/1996, this transaction must be authorized by the Competition Council, which will assess it to determine its compatibility with a normal competitive environment and will issue a decision within the legal deadlines.