China-based packaging solution manufacturer GPA Global has closed its purchase of custom packaging provider ASG’s printing and packaging facility in Poland.
The acquisition is part of GPA Global’s strategic plan for expansion in Europe.
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Located near Warsaw in Pruszków, the facility features modern folding carton printing equipment.
Staff at the plant are engaged in verifiable coding and serialisation, special finishes and manual assembly among other capabilities.
The facility has 8,000m² of floorspace and focuses on manufacturing specialist paper and board products, including high-quality folding cartons and rigid boxes.
GPA Global president Tom Wang said: “As global supply chains are migrating closer to where products are consumed, having manufacturing in Poland is of strategic importance for us and we intend to continue to expand our presence in the region.
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By GlobalData“With our combined strength and capabilities, we look forward to expanding our global offering to our combined customer base.”
The financial terms of the transaction have not been disclosed.
Also included in the deal are the technical sales offices of ASG’s Print business in the UK, France and the Netherlands.
Following the takeover, GPA Global will continue to run ASG’s Print technical sales offices in the UK and the Netherlands, as well as its agency in Paris.
The company aims to improve the service and innovation at these facilities.
The move is intended to help the company’s European customers meet their sustainability goals and commitments.
Originally trading as Green Packaging Asia, GPA Global has expanded from China into Europe and North America over the last ten years.
The company has acquired several businesses in recent years, including MW Luxury Packaging, Lucas Luxury and HUB Folding Box.
Last March, GPA Global merged with US-based premium printer and folding box producer Hub Folding Box to form an expanded global supply chain solution service.
