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Elanders sold its China operations to Edelmann Group.

Synopsis

Elanders, a Swedish printing company doing business in ten countries and directing a number of subsidiaries, sold its China operations to Edelmann Group, a leading global manufacturer of paper and board packaging solutions for the beauty care. Financial terms were not disclosed. “The acquisition of a second site in China is tremendously important for the Edelmann Group as it creates a new hub for beauty care and consumer brands markets that we previously could not serve in this area. At Edelmann we pride ourselves in being where our customers are and in offering the same high-quality products and services worldwide. This new site strongly complements our global network and we are eager to see the new opportunities that are on the horizon,” says Oliver Bruns, Edelmann Group CEO.

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