M&A Worldwide > News > Industry Groups > Consumer & Retail > Cypress advised BIC in the sale of Pimaco, its Brazilian adhesive label business, to Grupo CCRR
Cypress advised BIC in the sale of Pimaco, its Brazilian adhesive label business, to Grupo CCRR
BRAZIL
2021
SELL-SIDE
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.