CTL Packaging is a family owned packaging company established in 1964 in Spain. It specializes in the manufacturing of plastic tubes and injection molded closures for high end cosmetic, personal care products and pharmaceutical industries. CTL Packaging USA was established in North Carolina in 2012 to bring extremely innovative product and process technologies to the US market.
Scale Finance has served CTL in recent years with fractional-use Controller-level support. Scale Finance Managing Director, Dave Gilroy, advised CTL recently on a process to efficiently access the best available terms in the market for a highly customized senior debt solution to support the fast growth of the business.
CTL Packaging has been in operation for more than 50 years with two manufacturing operations in Spain and one in France. Currently it ranks third amongst European tube companies with sales over 500 million tubes per year and employing some 750 people. For more than 50 years CTL Packaging has provided the highest quality plastic tubes in the European market. CTL works with their customers to develop high-end plastic tubes, unmatchable decoration capabilities and continuous innovation for both extruded and injected molded elliptical & oval plastic tubes.
In their US plant near Gastonia, NC, CTL launched the latest cutting edge innovation in plastic tubes called the ESTube (easy supply tube), the ultimate solution for the plastic industry. ESTube is an injection molded plastic tube, with an in-mold label. This technology combines superior decoration, improved supply chain performance with optimal run sizes and reduced lead-times for either cylindrical or oval tubes, overall, the lowest TCO (Total Cost of Ownership) tube solution in the tube market.
CTL Packaging USA can supply from both ESTube and its extensive extruded portfolio, being able to provide a complete packaging solution for any of its clients.
About Scale Finance
Scale Finance LLC (www.scalefinance.com) provides contract CFO services, Controller solutions, and support in raising capital, or executing M&A transactions, to entrepreneurial companies. The firm specializes in cost-effective financial reporting, budgeting & forecasting, implementing controls, complex modeling, business valuations, and other financial management, and provides strategic help for companies raising growth capital or considering M&A/recapitalization opportunities. Most of the firm’s clients are growing technology, healthcare, business services, consumer, and industrial companies at various stages of development from start-up to tens of millions in annual revenue. Scale Finance has multiple offices in the Carolinas including Charlotte, Raleigh/Durham, Greensboro, and Wilmington with a team of more than 45 professionals serving more than 120 companies throughout the region.