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Italian packaging maker Gualapack, through Gualapack Brasil, agreed to acquire Brazilian flexible packaging converter Teruel Embalagens, which has two factories in Brazil. The deal adds laminate production to Gualapack's pouch business in South America. It was announced on October 4, 2021.
“Gualapack Brasil boosts its presence in the Brazilian market with the acquisition of converter Teruel.”gualapack.com
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