# Detmold to acquire Novolex's Heshan Innopak packaging business in China

Detmold Group agreed to buy Heshan Innopak Co. Ltd. from Novolex, a packaging manufacturer in Heshan, Guangdong, China. The transaction is expected to be completed by the end of August 2017.

- Type: Acquisition
- Announced: 2017-08-01
- Where: Heshan, Guangdong, China
- Status: announced
- Products: food wraps, paper takeaway bags, carry bags, industrial bags, food cartons
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Novolex](https://endata.com/companies/331.md) (partner)
- [Detmold Group](https://endata.com/companies/1851.md) (acquirer)
- [Innopak](https://endata.com/companies/1852.md) (target)

## Sources

- [packagingnews.com.au](https://www.packagingnews.com.au/news/detmold-takes-on-heshan-innopak-business-in-china), 2017-08-01: "Detmold Group has reached an agreement with US-based Novolex to buy Heshan Innopak Co. Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.