# Amorepacific to sell 60% of Pacific Package stake to French firm Autajon

Amorepacific Group will sell 60% of its subsidiary Pacific Package's shares to French packaging company Autajon, retaining 40%. The move deepens a cooperation relationship that dates to a 2015 MOU.

- Type: Acquisition
- Announced: 2022-09-20
- Where: Cheonan, Chungnam, South Korea
- Status: announced
- Products: packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Autajon Group](https://endata.com/companies/3017.md) (acquirer)
- [Amorepacific Group](https://endata.com/companies/9703.md) (partner)
- [Pacific Package](https://endata.com/companies/9704.md) (target)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2022092010285994616), 2022-09-20: "Amorepacific Group has decided to sell 60% of Pacific Package's shares to Autajon."

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