Plan to merge spirit label operations halted

Global packaging supplier CCL Industries, headquartered in Toronto, Canada, has announced that it will not acquire John Watson & Co, a Glasgow producer of labels for leading distillers of Scotch whisky and other spirits. The proposed transaction was previously disclosed November 20, 2012, but the parties were subsequently unable to reach agreement on contractual terms, and jointly decided to terminate further discussions.

CCL Label will continue to serve the spirits industry in Scotland from its existing UK operations in East Kilbride and Castleford.

4 February 2013 - Felicity Murray