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CCL Industries Inc.: Divesting the Custom Division

Lawrence G. Tapp; Trevor Hunter

商品編號:9B06M096
出版日期:2006/11/23
再版日期:
商品來源:
商品主題:General Management/Strategy
商品類型:Case (Field)
涵蓋議題:Board/Management Relations;Divestment of Assets;Strategy;Corporate Governance
難易度:5 - MBA/Postgraduate
內容長度:9 頁
地域:Canada
產業:Manufacturing
事件年度:2004

In 2004 CCL Industries Inc. was a leading producer of value-added outsourcing custom products and packages for numerous large consumer packaged goods companies. CCL's chief executive officer and vice-chair faced an important strategic decision. The CEO was contemplating selling the custom manufacturing division of CCL that was the basis for its founding, and still contributed approximately 34 per cent of overall earnings. Although the firm had acquired and divested many business units throughout its history, this divestment was perhaps the most significant in terms of its historical importance. The divestment of this division represented a major change to the essence and strategy of the firm. CCL was fortunate to have a very active, supportive yet independent board of directors. The CEO had to ensure that if he recommended divesting the custom manufacturing division, he would need to be very well prepared for some intense questioning from the board regarding the soundness of his proposal. The board took their role as stewards of the corporation very seriously.

教學手冊:CCL Industries Inc.: Divesting the Custom Division - Teaching Note
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