# Gualapack acquires Brazilian converter Teruel Embalagens

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.

- Type: Acquisition
- Announced: 2021-10-04
- Where: Brazil
- Status: completed
- Products: flexible packaging laminates, spouted pouches, flexographic printed film
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Gualapack](https://endata.com/companies/2185.md) (acquirer)
- [Teruel Embalagens - Papéis Amália Ltda](https://endata.com/companies/8476.md) (target)

## Sources

- [gualapack.com](https://gualapack.com/news/gualapack-accelerates-sustainable-packaging-in-brazil), 2021-10-06: "Gualapack Brasil boosts its presence in the Brazilian market with the acquisition of converter Teruel."

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