# Medmix acquires majority stake in Guangdong Qiaoyi Plastic Co

Medmix has acquired a majority stake in Guangdong Qiaoyi Plastic Co, a beauty manufacturing business in Shantou, China. The transaction is expected to close in the first half of 2023, with current owners retaining a minority stake.

- Type: Acquisition
- Announced: 2023-01-13
- Where: Shantou, China
- Status: announced
- Products: beauty packaging, applicators
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [medmix](https://endata.com/companies/64968.md) (acquirer)
- [Guangdong Qiaoyi Plastic Co](https://endata.com/companies/67859.md) (target)

## Sources

- [globalcosmeticsnews.com](https://www.globalcosmeticsnews.com/medmix-continues-asia-expansion-with-acquisition-of-guangdong-qiaoyi-plastic-co/), 2023-01-13: "This will allow medmix to leverage the entrepreneurial spirit and deep market expertise of Qiaoyi as well as access the established local customer relationships with its award winning GEKA applicators for local beauty brands."

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