With the growth in the printing industry, ink companies are seeing opportunities for gains in the region.
David Savastano, Editor07.22.15
With estimated sales of nearly $2 billion and growing, the Latin American ink market is a lucrative opportunity for ink manufacturers. It is no surprise they ink companies are investing in the region.
Printers are certainly active in the region. Virtually all multi-national printers have operations in Latin America.
In 2015, Crown Holdings, Inc. completed its acquisition of EMPAQUE, a leading Mexican manufacturer of aluminum cans and ends, bottle caps and glass bottles for the beverage industry, from Heineken N.V., and added a new beverage can plant in Monterrey, Mexico. Ball Corporation is also building a new beverage can plant in Monterrey, Mexico.
In flexible packaging, Amcor acquired Souza Cruz’s internal tobacco packaging operations in Brazil for approximately US $30 million, while Sonoco announced the signing of a definitive agreement to acquire a majority interest in Graffo Paranaense de Embalagens S/A (Graffo), a flexible packaging business loca
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