CTI Invest acquires BIC Label Technologies in Brazil

Global converting group CTI Invest has acquired Rio de Janeiro, Brazil-based BIC Label Technologies from its previous owner Pimaco. The company has been renamed Viappiani Do Brasil.

CTI Invest AG will integrate BIC Label Technologies into its group and will focus the business on the requirements of the prime label industry. BIC Label Technologies is a self-adhesive label printer which employs 40 people and serves the cosmetic, pharmaceutical, chemical and food and beverage industries, among others.

‘We are very proud of our new acquisition BIC Label Technologies, which is an innovative, quality driven and long-established player in the Brazilian label market. The economy of Brazil is growing and it will continue to grow in the future. We will further expand the business of Viappiani Do Brasil in this dynamic market and provide our best service to any potential customer,’ said Christian Trierenberg, CEO of CTI Invest AG.

CTI Invest AG is a global player in the packaging and label industry with further production sites around the globe. Apart from sites in Canada, Spain, Germany and Italy (Viappiani Italy), it has been producing prime labels in Colombia for more than 25 years (Tann Colombiana). It is a privately held company with headquarters close to Linz, Austria. Its product portfolio covers self-adhesive labels, in-mold labels, wet-glue labels, sleeves, wrap-around labels, tear tape, inserts and other printing specialties.

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