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Addition of flexible packaging company Majend Makcs will accelerate global expansion of the Toppan Group’s packaging business
April 19, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
Toppan entered into a share transfer agreement with Majend Makcs Co., Ltd. (Majend Makcs), a manufacturer and supplier of flexible packaging headquartered in Ayutthaya, Thailand, on March 31, 2022. Procedures to make Majend Makcs a consolidated subsidiary of Toppan are scheduled to be completed in May 2022. The acquisition will enable Toppan to produce flexible packaging in Thailand for supply to markets in Europe, North America, and Southeast Asia. Toppan set out a key concept of “Digital...
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