Pickering Pacific advises the shareholder of Asiapack Limited on the sale of a 80% stake to Elanders Group.
Asiapack Limited is a Hong Kong-based provider of value-added contract packaging services to various international manufacturers of consumer goods. The company has a subsidiary in Shenzen, China, and currently employs some 220 people.
Elanders Group is a listed Swedish Company specialized in supply chain management, printing and packaging. The Group operates in 20 countries worldwide and generated over USD 750m of revenue in 2016.
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