Raflatac acquires self-adhesive laminate factory in China
9/16/1999Raflatac has signed a contract with Singapore-based VMI Pte Ltd for acquiring its labelstock production in Shanghai, China.
Raflatac takes over 80 % of the company's share capital. The signing took place on 21 June, 1999.
The acquisition will further strengthen Raflatac's presence in Asia. It will especially improve Raflatac's service in the Shanghai area where Raflatac has previously had a representative office. Raflatac also has a sales office in Hong Kong and has conducted regular sales in the area for almost 20 years.
Mr Yean Seng Wong has been appointed Managing Director at Raflatac (Shanghai) Co., Ltd.
News 1999
12/2/1999
Raflatac’s Year 2000 Project »
10/13/1999
Good prospects for growth »
9/16/1999
Raflatac acquires self-adhesive laminate factory in China »
9/8/1999
Raflatac acquires Spanish self-adhesive laminate manufacturer »