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Guala Closures is expanding in China by acquiring its Chinese competitor
The purchase of Yibin Fengyi Packaging Co, a top manufacturer of closures and boxes in the premium market for Baijiu, China's most renowned traditional liquor, allows the Italian multinational company to broaden its reach throughout Asia.
October19,2023
Guala Closures to open a new plant in Chengdu
The new plant will occupy 13,800 square meters, will employ 110 workers and an investment plan that could reach 200 million renminbi (29 million euros)
August26,2022
Guala Closures Group to launch a 475-million worth bond
Guala Closures Group launched a 475-million-euroworth bond. The company specialized in aluminum closures for spirits and wine recently entered the STAR market and today issued a 475-million worth senior security bond expiring in 2028.
June28,2021
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