AR Packaging completes acquisition of Maju Jaya in Indonesia
AR Packaging Group AB announced the closing
of the acquisition of a significant majority stake in PT Maju Jaya Sarana
Grafika, a leading Indonesian packaging company.
Maju Jaya, with a majority of its customer
base in the tobacco and food segments, Maju Jaya is a paper packaging company
offering a one stop service from design, prepress and production to finishing
and delivery.
Maju Jaya was founded in 1974 and operates
two sites in Indonesia in Bekasi (close to Jakarta, Java) and Semarang (central
Java). The company is certified to ISO 9001 and ISO 14001. It aims to be an
efficient, modern and highly regarded player in the packaging industry.
AR Packaging is one of Europe’s leading
companies in the packaging sector. Its core markets are in the folding carton
and the flexible packaging in Europe.
The acquisition of Maju Jaya is an
important step to implement the AR Packaging expansion strategy outside of
Europe in selected segments. With a platform in South East Asia, the group will
be able to serve both local and multi-national customers in the best way.
