Industry News, Mergers and Acquisitions, Printers News

CCL Industries to Acquire Adelbras Brazil

Adelbras is Brazil’s second largest producer of adhesive tapes, with fiscal 2021 sales of $105.2 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. announced it has signed a binding agreement to acquire privately owned Adelbras Indústria e Comércio de Adesivos Ltda. and Amazon Tape Indústria e Comércio de Fitas Adesivas Ltda. (collectively “Adelbras”), headquartered in Vinhedo near Sao Paolo with an additional operation in Manaus in the Amazon tax free zone. Adelbras is Brazil’s second largest producer of adhesive tapes with the majority of sales derived from masking, bonding and packaging applications broadly sold th...

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