Cypress advised the sale of 100% of Tecnoblu’s shares to Checkpoint, a subsidiary of CCL Industries

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Cypress advised the sale of 100% of Tecnoblu’s shares to Checkpoint, a subsidiary of CCL Industries (TSX: CCL.A and TSX: CCL.B), a Canadian world leader in specialty label, security and packaging solutions, on the value of CAD 19,1 million.

Created in 1994, Tecnoblu is headquartered in Blumenau/SC, has a sales office in Portugal and operates in the creation, production and sale of labels, tags and accessories for the retail and apparel industry.