# HCP acquires remaining 50% of Hetian Packaging in China

HCP Group acquired the remaining 50% stake in Hetian Packaging (Huai'an), making it a wholly owned subsidiary. Hetian is an aluminium parts forming and anodising factory in China that has supplied HCP since 2013.

- Type: Acquisition
- Announced: 2020-09-01
- Where: Huai'an, China
- Status: completed
- Products: aluminium cosmetic container parts, plastic cosmetic containers
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [HCP Packaging](https://endata.com/companies/2707.md) (acquirer)
- [Hetian Packaging (Huai'an)](https://endata.com/companies/6987.md) (target)

## Sources

- [hcpackaging.com](https://www.hcpackaging.com/news/company-news/hcp-acquires-remaining-50-shares-of-hetian-packaging/), 2020-09-07: "As of September 1st 2020, HCP has acquired the remaining 50% shares of Hetian Packaging (Huai’an) 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.