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Graham Packaging acquires China-based company

Source: Release Date:2010-10-09 143
Graham Packaging Company Inc.'s subsidiary, Graham Packaging Company, L.P., has successfully acquired China Roots Packaging PTE Ltd. from PCCS Group Berhad, a Malaysian company. China Roots is a plastic container manufacturing company located in Guangzhou, China. Graham Packaging and PCCS Group Berhad completed the transaction on 1 July 2010. China Roots operates a world-class container manufacturing plant in the Guangzhou Economic and Technological Development District. The plant makes plastic containers and closures for food, health care, personal care and petrochemical products. Its customers include several global consumer product marketers. The purchase of China Roots is the first operation for Graham Packaging in China and opens up a new market opportunity for Graham Packaging, according to Mr. Mark Burgess, CEO. Graham Packaging is a leading supplier of plastic containers for hot-fill juice and juice drinks, sports drinks, drinkable yogurt and smoothies, nutritional supplements, wide-mouth food, dressings, condiments and beers; the leading global supplier of plastic containers for yogurt drinks; a leading supplier of plastic containers for liquid fabric care products, dish care products and hard-surface cleaners; and the leading supplier in the U.S., Canada and Brazil of one-quart/litre plastic motor oil containers. www.grahampackaging.comAir Max 1 Mid Liberty Max Kicks
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