Chesapeake Corp. has sold its permanent display business, Consumer Promotions International, Inc., to a management investment group led by Michael de Gennaro, president of CPI. Chesapeake also has sold Chesapeake Display and Packaging (Canada) Ltd. to Atlantic Decorated & Display, Inc., a subsidiary of Atlantic Packaging Products Ltd. of Scarborough, Ontario.
The CPI sale includes facilities in: Mount Vernon, NY; Leicester, England; Noisy le Grand and Rosny sous Bois, France; and Barcelona, Spain. CPI employs approximately 525 employees. CD&P Canada has one plant in Toronto and employs approximately 85 people.
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