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03 MAY 2019 AL CIRCLE

Aluminium aerosol cans machinery maker PackSys Global Thailand to be acquired by Benpac Holding

EDITED BY : DEBANJALI SENGUPTA 1MINS READ

Swiss machinery maker PackSys Global has reportedly agreed to sell its subsidiary in Thailand to Benpac Holding. Becpac Holding is a group of companies in the fields of engineering, machine construction and packaging technology.

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The subsidiary company of PackSys Global in Thailand, on the other hand, manufactures lines to make monobloc aluminium aerosol cans, aluminium tubes, printing machines for metal and plastic closures.

Per the report, PackSys Global Thailand will be renamed Benpac Packaging Limited. However, Roman Angst, chief executive of PackSys Global Thailand will continue as chief executive of the company.

Following a strategic review PackSys Global AG and its German parent the Brückner Group have decided to focus on PackSys Global’s core competence in plastic packaging. PackSys Global will get involved in the aerosol and aluminium tube industry via its Swiss subsidiary Texa AG.

Switzerland-based Benpac wants to use its new location as a hub for future expansion of the group in Asia.


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EDITED BY : DEBANJALI SENGUPTA 1MINS READ

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