BEWI to acquire the remaining 49% stake in Cellpack.

BEWI, a provider of packaging, components, and insulation solutions, agreed to acquire the remaining 49% stake in Cellpack, a Danish paper packaging company. Financial terms were not disclosed. The acquisition of Cellpack has provided BEWI with a broadened product offering within paper packaging, in line with the company’s strategy to provide its customers with complementary solutions. The BEWI group expects to continue strengthening its offering and production capacity within paper packaging.