Graham Packaging agrees to purchase China Roots Packaging

Graham Packaging Company, L.P., expects to acquire China Roots Packaging PTE Ltd., a plastic container manufacturing company located in Guangzhou, China.

Graham Packaging has signed a share purchase agreement to acquire from PCCS Group Berhad 100 percent of the shares of Roots Investment Holding Private Limited, which will be the sole equity holder of China Roots.

China Roots operates a world-class container manufacturing plant in the Guangzhou Economic and Technological Development District. The plant makes plastic containers and closures for food, health care and petrochemical products. Its customers include several global consumer product marketers.

The purchase of China Roots will be the first operation for Graham Packaging in China.