PackSys Global agrees deal with Benpac Holding
A world leader for packaging machines, PackSys Global AG Switzerland, has agreed, effective 31 May 2019, to sell its subsidiary, PackSys Global (Thailand) Limited, to Swiss based Benpac Holding AG, a group of companies in the fields of engineering, machine construction, IT solutions and packaging technology.
PackSys Global Thailand manufactures lines to make monobloc aluminium aerosol cans and aluminium tubes as well as printing machines for metal and plastic closures. Roman Angst will continue as CEO of the company which will be renamed Benpac Packaging ltd.
Following a strategic review, PackSys Global AG and its German parent, the Brückner Group, decided to focus on the PackSys Global core competence in plastic packaging. PackSys Global will continue to be involved in the aerosol and aluminium tube industry via its Swiss subsidiary, Texa AG, the world market leader in packing machines for unfilled aluminium aerosol cans, aluminium, plastic and laminate tubes and cartridges.