Gualapack to acquire Teruel Embalagens.

Gualapack, a provider of pre-made spouted pouches and a global player in the flexible packaging industry, agreed to acquire Teruel Embalagens, a firm engaged in the flexographic printing on flexible film at its two factories in Brazil. Financial terms were not disclosed. “Teruel’s specialty, which includes its own patented technologies in the country and worldwide, as well as the use of paper in flexible packaging, will make a key contribution to Gualapack’s line of sustainable products. Furthermore, the acquisition allows Gualapack Brasil to align with the company’s global portfolio," Alan Baumgarten, Gualapack CEO of Brasil.