German industrial group Mauser, which specializes in plastic containers and packaging, has announced their purchase of Brazil’s Greif Inc.’s IBC plastic barrels manufacturing division, for an undisclosed amount.
The investment reaffirms Mauser’s commitment to their Brazilian market, as well as to their own global growth. The switch from manufacturing Greif to Mauser products will take place immediately, hoping for a smooth transition to be completed by June this year.
Edson Rossi, Mauser Brazil’s Vice-president for Sales and Marketing, sought to reassure Greif’s clients, who are affected by the change, that the move will take place without setbacks and that they will “work with our customers to provide the best solutions the market has to offer.”
Full content: Plastics News
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Japan Considers Regulation of AI Developers
May 7, 2024 by
CPI
European Commission Extends Decision Deadline for Ita-Lufthansa Merger
May 7, 2024 by
CPI
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime Gang
May 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI