# Hengan Mega Jumbo to acquire Sunway Kordis Holding for CNY 145m

Hengan subsidiary Hengan Mega Jumbo Investments plans to acquire a 100% stake in Sunway Kordis Holding from Starmix for CNY 145 million ($23.05 million).

- Type: Acquisition
- Announced: 2018-04-05
- Where: China
- Value: $23.1M (145.0M CNY)
- Status: announced
- Products: food wrap film, plastic bags
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Hengan Mega Jumbo Investments](https://endata.com/companies/3106.md) (acquirer)
- [Hengan International Group](https://endata.com/companies/3107.md) (partner)
- [Sunway Kordis Holding](https://endata.com/companies/3108.md) (target)
- [Starmix](https://endata.com/companies/3109.md) (partner)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/mas-week-transcontinental-orbis-hengan-mega-jumbo-investments/), 2018-04-05: "Hengan Mega Jumbo Investments plans to acquire a 100% stake in Sunway Kordis Holding from Starmix for CNY145m ($23.05m)."

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