Merchandise and labelling company Checkpoint Systems is to sell its US and Canadian Checkview business.
Checkpoint said it had engaged an investment banker to assist with the sale, adding that it was already in talks with a potential buyer.
“Following an extensive review of Checkpoint’s portfolio in 2012, the company’s board of directors determined that the US and Canadian Checkview business will better serve its customers as an independent, entrepreneurial and more focused organisation,” said Checkpoint.
It added that the planned sale was expected to enable focused attention and investment in both the Checkview business and in Checkpoint’s remaining core activities.
