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  • CATEGORIES
    • Food
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ACE

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1 MIN READ

China: RPC expands into Asia with ACE acquisition

May 9, 2014
-
Asia Pacific, Packaging

According to media sources, RPC Group, an international rigid plastic packaging supplier, is acquiring the large Chinese injection moulding firm ACE Corp. Holdings Ltd. The deal, worth up to $430 million, will be RPC’s first manufacturing presence in Asia and one which the company hopes to be able to use as a platform to make further acquisitions. Currently 94% of RPC’s $1.76 billion sales are in Europe, but the company …

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