Danish media packaging supplier Scanavo has signed an agreement to acquire all assets from Eleko Industries (ZhuHai) Ltd, in China. Scanavo has taken over the operation of the factory from 1st January 2008.

In recent years, Scanavo has focused increasingly on innovation and has brought to the market novel products. Testing of these products and part of the R&D as well as production had been carried out by the Eleko factory in ZhuHai (pictured).

“Eleko Industries is a strategic addition to Scanavo and our customers and employees will benefit from the substantial synergies which will be achieved between the teams of the two companies,” says says Tino Sølling, CEO of Scanavo. “The acquisition is consistent with our determination to grow and with the ownership of Eleko we demonstrate our strong belief that the demand for innovative and quality packaging solutions continues to grow. […]The acquisition enhances the company’s ability to compete in the global marketplace.”

The new manufacturing plant has 230 employees and 20,000 square meters, the capacity to manufacture in excess of 100 million cases per year. The factory is ISO 9001 – 14000 and Sony Green Partner-certified.

Story filed 03.02.08