Prime Label News Today

Marketing and advertising claims related to environmental, social and governance efforts are in the crosshairs of the plaintiff’s bar as cases alleging greenwashing, including exaggerated or false claims about ESG initiatives, environmental impact and sustainable practices increase, according to lawyers with the firm Perkins Coie.

Since the pandemic, cases alleging food and beverage companies violated California’s Prop 65 by not adequately warning Californians that a product may expose them to chemicals that can cause cancer, birth defects or reproductive harm have increased dramatically – along with the amount it takes to settle them, according to analysis by the law firm Perkins Coie.

Prime Label Group, a label manufacturer in the Central and Eastern European (CEE) region and an entity controlled by Innova/6 SCA §SICAV, one of Innova Capital Group’s private equity funds, has signed an agreement to acquire a 100% stake in the Polish printing company Pegwan. On the back of this fifth acquisition, the company will reach a sales target of almost 100 million EUR in 2023, 12 months ahead of schedule.

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