Tri-Wall to take over Polish cardboard packaging maker; acquisition plans in Poland
(Hong Kong, Dec. 05, 2016) Hong-Kong based Tri-Wall Europe Holding Limited has unveiled plans to take over Polish cardboard packaging producer TPMS Polska sp. z o.o.
The Hong-Kong based firm applied to the Polish competition watch-dog UOKiK to secure an approval for its acquisition plan. Tri-Wall aims to take over a 58% stake in TPMS. The amount of the deal was not disclosed.
Set up in 2002, TPMS is based in Skawina, in Poland’s southern part. In addition to cardboard packaging products, the manufacturer makes polypropylene packaging, according to data from the firm. (Source: press release)
Cover Image courtesy Tri-Wall