Rexam, a UK-based global player in rigid plastic packaging, has acquired the remaining 50% stake in its Mexican joint venture with Pavisa Industries. Accordingly, Rexam will assume full ownership of aa Tlalnepantla-based injection and extrusion blow-molded plastics packaging plant in Mexico City.
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Wednesday, February 25, 2009
UK's Rexam defies downturn; buys remaining 50% stake in Mexican joint venture
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