Percival Print & Packaging has been acquired by Westcare, a printing, box-making and packaging operations provider.
What is the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry?
- Which multinational companies have been affected?
- What is the effect of lockdowns on foodservice?
- What is the effect of lockdowns on Chinese ports?
- Spotlight on Shanghai: what is the situation there?
- How have Chinese consumers reacted?
- How might the Chinese government react?
- What are the potential growth opportunities?
Under the terms of the acquisition, Percival Print & Packaging will continue to operate independently for a certain time and retain its directors.
Both companies involved in the acquisition are based in Australia.
FP Corporation will acquire Japan-based Ueda Packaging Corporation in a transaction that is expected to be completed by 1 July.
FP Corporation is primarily engaged in the production and supply of polystyrene and compound resin food containers.
Henkel Consumer Goods has agreed to acquire The Sun Products Corporation, a laundry and homecare company, from Vestar Capital Partners, in a move to boost its business in the US market.
The $3.6bn acquisition is subject to regulatory approvals.
Image: The acquisition of Sun Products will stregthen Henkel’s laundry and homecare portfolio. Photo: courtesy of Henkel.
Related Companies
What is the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry?
- Which multinational companies have been affected?
- What is the effect of lockdowns on foodservice?
- What is the effect of lockdowns on Chinese ports?
- Spotlight on Shanghai: what is the situation there?
- How have Chinese consumers reacted?
- How might the Chinese government react?
- What are the potential growth opportunities?