Weener Acquires Brazilian Molding Activities

WPPG has also acquired the additional injection and extrusion molding business, including the related assembly and decoration operations, at Globalpack’s Jaragua facility. For this operation, a new company has been established: Weener Brasil Industria e Comercio de Embalagens Plasticas Ltda.

WPPG has also acquired the additional injection and extrusion molding business, including the related assembly and decoration operations, at Globalpack’s Jaragua facility. For this operation, a new company has been established: Weener Brasil Industria e Comercio de Embalagens Plasticas Ltda. The shares have been transferred in August 2015. These acquisitions are a logical step in Weener’s global expansion strategy, supporting global and local customers with world-class operations, excellent engineering programs and innovative product development. The production site, located in Jaragua, one of Sao Paulo’s 96 districts, employs more than 400 people. Weener sees significant growth potential for its innovative products in the Brazilian market and the factory will play a central role in the company’s growth strategy.  Mr. Arnaldo Conte has been appointed as Managing Director of the two companies. “Weener has created a unique strategic opportunity by bringing its expertise and innovation leadership to the rapidly growing Brazilian market,” Conte said. “We can focus on existing and new Brazilian customers whilst strengthening our offerings to deliver even greater value. “ WPPG is a market-leading global plastic packaging company with 24 operations in 16 countries worldwide. 

Source: WPPG