Gimv is selling its majority stake in ALT Technologies, a global converter of die-cut, self-adhesive, and printed components for the automotive and durable goods industries. The transaction, valued at approximately $32 million, is an all-cash deal with no debt. CCL Industries is the buyer, acquiring a company with a strong presence in converting technologies.

This sale marks a strategic shift for Gimv, which has been looking to streamline its portfolio. ALT Technologies, known for its specialized manufacturing, has been a valuable asset in the industrial sector. The deal underscores the ongoing consolidation in the converting industry, where scale and efficiency are key to competing globally.

The transaction is set to close in the second quarter of 2026. For Gimv, this exit allows the firm to redeploy capital into new opportunities. Meanwhile, CCL Industries, a leader in packaging and labeling solutions, will integrate ALT Technologies' capabilities to strengthen its market position. Industry experts expect this move to enhance CCL's offerings in the automotive and durable goods sectors, potentially driving future growth.