# NEWJF acquires 28.22% stake in Greatview Aseptic Packaging

Shandong NewJF Technology Packaging Co., Ltd (NEWJF) acquired a 28.22% stake in Greatview Aseptic Packaging, completing the acquisition in October 2023. The deal aims to break foreign monopoly and foster domestic substitution in aseptic packaging.

- Type: Acquisition
- Announced: 2023-10-01
- Where: China
- Status: completed
- Products: aseptic packaging materials
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Greatview Aseptic Packaging](https://endata.com/companies/9604.md) (target)
- [Shandong NewJF Technology Packaging Co., Ltd](https://endata.com/companies/75088.md) (acquirer)

## Sources

- [dairynews.today](https://dairynews.today/news/chinese-aseptic-packaging-giant-newjf-acquired-a-28-22-percent-stake-in-greatview-aseptic-packaging-.html), 2024-01-18: "This strategic move has significantly elevated NEWJF's standing in the liquid product packaging market."

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