Consumer & Retail

Cypress advised BIC in the sale of Pimaco, its Brazilian adhesive label business, to Grupo CCRR

January 14, 2021

Cypress advised BIC in the sale of Pimaco, its Brazilian adhesive label business, to Grupo CCRR
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BRAZIL
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2021
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SELL-SIDE
[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width="2/3"][vc_column_text]The divestiture is consistent with BIC’s portfolio rotation strategy and its focus on fast-growing consumer businesses. The acquisition of Pimaco, the leading domestic adhesive label manufacturer and distributor will strengthen CCRR’s position in self-adhesive papers and films in Brazil and Latin America.[/vc_column_text][/vc_column][/vc_row]