Edelmann – Elanders Beijing Printing aqcuired
GERMANY • The paper and board packaging manufacturer The Edelmann Group has entered an agreement to buy a 100% stake in Elanders Beijing Printing from Swedish printing company Elanders Group. This will be their second site in China.
The deal allows the company to gain access to the production of packaging solutions such as folding cartons and rigid boxes for beauty care and consumer brands markets in China. In a statement, Elanders noted that it aims to create a common platform to offer solutions in supply chain management, including packaging, kitting, fulfilment and warehousing.
Edelmann currently serves the healthcare segment through its existing production facility in Beijing. The transfer of Elanders Beijing operations in print and packaging solutions to Edelmann will increase its network to 21 sites. The transaction is expected to close before the end of this fourth quarter.
Edelmann develops and manufactures folding cartons, leaflets, rigid boxes, combi cartons, wet labels and corrugated boxes. It currently operates the production plants across Germany, France, Poland, Hungary, Mexico, China, Brazil, India, and the US.