Amcor to acquire BPI China
Amcor volition exist acquiring BPI China, the Chinese subsidiary of U.k.-based British Polythene Industries PLC for United states$xiii mil- lion. BPI China has ane plant in Xinhui, South China, with land-of-the-fine art blown motion-picture show and flexographic printing lines. The business organisation produces flexible packaging products for export and domestic customers.
Amcor currently has a total of x flexible packaging plants in Cathay, including four plants in Southern Mainland china. This acqui sition will strengthen Amcor'due south leadership position in S ern Mainland china and complement the existing business by providing boosted scale and talent. Information technology will likewise augment Amcor's capa bilities in China to include flexographic printing and reduce future capital expenditure requirements. Amcor's managing managing director and CEO, Ron Delia said, "Mainland china continues to be an attractive market for flexible packaging globally and this is an excellent opportunity to support our continued expansion in the Southern region."
witmerariestabox1976.blogspot.com
Source: https://packagingsouthasia.com/zarchive/amcor-to-acquire-bpi-china/
0 Response to "Amcor to acquire BPI China"
Post a Comment