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CCL increases stake in Thai tube manufacturing joint venture for US$6m

CCL increases stake in Thai tube manufacturing joint venture for US$6m, CCL Industries, CCl Label, Taisei Kako Co Ltd, Asia packaging
THAILAND –
CCL Industries Inc has acquired an additional 25% stake in its Thai joint venture with Japan’s Taisei Kako Co Ltd for US$6 million.

The joint venture was first set up in March 2013 with Taisei Kako – a major Japanese producer of specialty plastic containers for the personal care and pharmaceutical markets headquartered in Osaka – to build a new plastic tube manufacturing and decorating plant in the Thai capital city of Bangkok.

Now CCL has increased its stake in… For the full story, subscribe to Packaging Business Insight Asia here.




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