The GualapackGroup has successfully completed the acquisition of substantially higher stakes in two Chinese flexible packaging companies: Guangzhou Secure Packaging Co., Ltd. in Guangdong and Secure HY Packaging Co., Ltd., in Jiangsu.

With this move the Group strengthens its pouch manufacturing and laminates production capacities as a complete provider on the Chinese, Far East Asian & Pacific markets, in collaboration with its longstanding Japanese partner Hosokawa Yoko Co., Ltd.

The reinforced production network will offer new business development opportunities in the region, as well as a future-oriented product portfolio in attractive segments other than for the food, cosmetic and pharmaceutical markets to our customers.