# Primo acquires all shares in Profilex

Primo acquired all shares in Profilex International GmbH and its subsidiary Profilex Plastic Technology in Zhuhai, China. The acquisition strengthens Primo's presence in China and adds packing tubes to its portfolio.

- Type: Acquisition
- Announced: 2017-11-24
- Where: Zhuhai, China
- Status: completed
- Products: plastic profile extrusions, packing tubes
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Primo](https://endata.com/companies/28371.md) (acquirer)
- [Profilex International GmbH](https://endata.com/companies/28372.md) (target)
- [Profilex Plastic Technology](https://endata.com/companies/28373.md) (target)

## Sources

- [primo.com](https://www.primo.com/press-news/primo-acquires-all-shares-in-profilex), 2017-11-24: "Our full ownership of Profilex marks an important milestone for Primo, as we will now substantially increase our presence in China."

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