TU–SFLEX Join Forces to Pursue Flexible Packaging Distribution and Related Business
The objective of investment is to establish a new joint investment company to carry on the manufacturing and distribution of flexible packaging and other related business including development of new packaging or products
Thai Union Group Public Company Limited (TU) announced that the Executive Committee, which has authorities delegated from the Board of Directors, of the meeting resolved on 29 September 2021, has approved an investment of Thai Union Graphic Co., Ltd. (TUG), a subsidiary of the company carrying on servicing and manufacturing of printing and packaging business, with Starflex Public Company Limited (SFLEX), an industry leader in manufacturing and distributing high quality flexible packaging, to establish a new company for joint investment, with the registered capital of 250,000,000 Baht.
The objective of investment is to establish a new joint investment company to carry on the manufacturing and distribution of flexible packaging and other related business including development of new packaging or products.