Eterna acquires 70% of Hongjing Machinery

Shanghai Eternal Machinery Co., Ltd (Eterna), a member of Bobst Group, acquired 70% of the equity of Yancheng Hongjing Machinery Technology Co., Ltd on January 6, 2020. Hongjing will become the competence center for folder-gluers of Eterna.

“With this partnership, Eterna intends to leverage the strengths of both companies to drive innovation in the folder/gluer industry and continue to grow the business at an international level.”worldofprint.com

• 1 source
• worldofprint.comBobst Group seeks to accelerate the transformation of the packaging production through strategic investments - World of PrintJan 7, 2020

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