Have a look at CKL, page-2

2013 numbers: sales 174m npat 7.4m
23 times earnings pricey imo plus there is the debt which needs to be serviced.
nobody knows this business better than the Commins family
if they are selling then its for a very good reason.
inclined to think it may be a better fit in PPG
happy to let the dust settle and watch this unfold
ckl good business with some defensive qualities be ok in fin mkts shock/downturn/gfc2
in later years