Competition in China’s bacteria-free paper-packing market has become more intense, with the consumption upgrade driving a rapid change in the market and the rise of domestic players. Sweden-based paper packing giant TetraPak used to hold about 90 percent of the bacteria-free paper packing market in China, and now its market share is decreasing to about 60 to 70 percent, according to industry projections…Full Article: China Daily Sept 2017
- In China, key competitors of Tetra Pak include Beijing’s Greatview Aseptic Packaging (plastic wrap and food packaging), and Germany’s SIG Combibloc Group AG (carton packaging and filling machines). As of mid-2017, Greatview had a 13% share of the Chinese food packaging market and its customer base included Nestle SA, Danone SA, Lactalis Group, Yili Group, and Mengniu Dairy. The company plans to establish a factory in Germany and expand internationally via China’s Belt and Road Initiative.
- In July 2017, Sweden’s Tetra Pak shuttered its factory in Foshan, Guangdong Province. Tetra Pak still has Chinese packaging factories in Kunshan (Jiangsu province), Huhhot (Inner Mongolia Region), and Beijing.
- In November 2016, China’s State Administration for Industry and Commerce (SAIC) fined Tetra Pak CNY 668 million (USD 97 million) for violating anti-monopoly laws.
- Founded in 2002 and headquartered in Beijing, CDH Investments is a private equity firm. As of early 2016, CDH Investments had invested in China Modern Dairy (HKG:1117), WH Group (HKG:0288), China Mengniu Dairy (HKG:2319), and Greatview Aseptic Packaging Company (HKG:0468).
- In June 2005, CDH Investments invested in Greatview Aseptic Packaging Company (HKG:0468). In 2006, USA’s Bain Capital invested in Greatview and sold its stake in February 2013.
- Founded in 2001 and headquartered in Beijing, Greatview Aseptic Packaging Company (HKG:0468) is a manufacturer of food packaging and packaging equipment. Its end users include dairy, juice, and other beverage producers. The company originated from Shandong Province’s Tralin Paper Group.
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