GualapackGroup, the world leader in spouted pouches and filling machinery and a key global player in the flexible packaging industry, announces the acquisition of the majority stake in Tradbor Indústria e Comércio SA (Tradbor Stand-up-Pouches) in the State of São Paulo, Brazil. The GualapackGroup will be leading the company into new business ventures in partnership with the Baumgarten family, its original founder.

Tradbor Stand-up-Pouches is the only Brazilian packaging company fully specialized in pre-made stand-up pouches and related solutions.

The company’s level of excellence is broadly recognized thanks to its manufacturing park formed by high-speed machines and flexible systems that enable the company to supply different kind of pouches and offer various solutions in terms of sizes and demands to a number of customers on the Brazilian market.

"I am pleased to announce the closing of this acquisition, which allows us to proceed with the important work in terms of integration, synergy harvest and positioning for further growth in Brazil. Indeed, the GualapackGroup intends to play a key role in the further development of the flexible packaging business in Brazil", said Michele Guala, Chief Executive Officer of GualapackGroup.

A strategic move for GualapackGroup in Brazil, the acquisition of Tradbor Stand-up-Pouches will complement the products offered by the Group and consolidate its Latin American operations.