Zhejiang Jihong Packaging

Activity by year

2017201820192020202120222023202420252026

Acquisition

Jul 20, 2017ACQUISITIONHaining, Zhejiang, China$40.4M
COFCO Packaging acquires 51% of Jihong Packaging, plans aluminum can plant in Haining
COFCO Packaging acquired a 51% stake in Zhejiang Jihong Packaging for $20.4 million and will invest an additional $20 million to build a production line for 2 billion two-piece cans per year in Haining, Zhejiang, aiming to become the largest food aluminum can base in East China.
COFCO Packaging acquirer Zhejiang Jihong Packaging target Qingyuan JDB Herbal Plant Technology target #Packaging news.pack.cn beta.zhitongcaijing.com
Mar 15, 2017ACQUISITIONHaining, Zhejiang, China$9.70M
COFCO Packaging acquires 51% stake in Zhejiang Jihong Packaging for $9.7M
COFCO Packaging (00906) announced its indirect wholly-owned subsidiary COFCO Packaging Investment will acquire 51% equity of Zhejiang Jihong Packaging from Jihong International for RMB 66.75 million (approx. US$9.7 million). The target company is building a two-piece can production line expected to start production in H2 2017.
COFCO Packaging acquirer Zhejiang Jihong Packaging target Jihong International partner #Packaging beta.zhitongcaijing.com

Acquired by

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