The Edelmann Group, a leading global manufacturer of paper and board packaging solutions for the beauty care, health care and consumer brands markets, have acquired 100% of the shares in Elanders Beijing Printing, an entity formerly owned by Elanders AB (publ). Edelmann thereby expands into the production of packaging solutions, primarily folding cartons and rigid boxes, for the beauty care and consumer brands markets in China, complementing the existing production site in Beijing, which currently serves the health care segment. “
The acquisition of a second site in China is tremendously important for the Edelmann Group as it creates a new hub for beauty care and consumer brands markets that we previously could not serve in this area,” says Oliver Bruns, Edelmann Group CEO.
The additional site is located in close proximity to the current facility and will increase the overall Edelmann Group network to 21 sites, and more than 3,000 employees worldwide. It is expected that the acquisition will be completed before the end of the fourth quarter 2018.
About Edelmann Group
With 21 Sites in 9 countries across 4 continents the Edelmann Group is a global provider of high-quality board and paper packaging solutions. The company develops and manufactures folding cartons, leaflets, rigid boxes, combi cartons, wet labels and corrugated boxes for the health care, beauty care and consumer brands markets at its 21 production sites across Germany, France, Poland, Hungary, Mexico, China, Brazil, India and the USA. The family owned company has more than 3,000 employees worldwide and produced more than 4.5 billion folding cartons and rigid boxes, as well as more than 1 billion leaflets in 2017.
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