Klingele Papierwerke takes stake in Trade Packaging to expand into Cuba

Klingele Group's Spanish subsidiary Klingele Embalajes is acquiring a shareholding in Trade Packaging SA, giving Klingele two corrugated plants and a folding carton plant in Cuba. The deal also raises its stake in Compacto Caribe to 51%.

“Klingele has a shareholding in the Spanish holding company Trade Packaging SA and will therefore operate two corrugated plants and a folding carton plant in Cuba in the future.”thepackagingportal.com

• 1 source
• thepackagingportal.comKlingele Papierwerke expands into Cuba – ThePackagingPortal.comSep 20, 2017

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