CCL Industries Inc. (TSX:CCL.B) reached an agreement to acquire Olympic Holding B.V. for CAD 13.5 million on November 15, 2018. The consideration is in cash and assumed debt and is subject to customary adjustments. Post-completion, the employees at Olympic Holding will be retained. The transaction is expected to close in early January 2019. CCL Industries Inc. (TSX:CCL.B) completed the acquisition of Olympic Holding B.V. on January 4, 2019.