Control Print Limited entered into an Intellectual Property Assignment Agreement with its step-down subsidiary CP Italy S.R.L.
The company will acquire patents and IP rights for a consideration of Euros 2.86 million to consolidate ownership.
The transaction was approved by the audit committee and board of directors on April 17, 2026.
This is a related party transaction as CP Italy S.R.L. is a wholly-owned subsidiary within the same group.