Industry News, Mergers and Acquisitions, Printers News

Amcor Acquires Hebei Qite Packing Co. Ltd.

Adds to flexible packaging platform in the strategically important Northern China region.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Amcor announces today an expansion of its flexible packaging platform in the strategically important Northern China region, with the RMB 185 million (US$28 million) acquisition of Hebei Qite Packing Co. Ltd. (Qite).   Qite has one plant located in Hebei, North China, and generates sales of more than RMB 180 million (US$28 million) from the sale of flexible packaging products to large domestic customers within the dairy and food segments.   Amcor currently has a total of 11 flexible packaging...

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