September 26, 2011
Colombias Carvajal International has reached 82.84% control of plasti
Colombia’s Carvajal International has reached 82.84% control of plastic packaging maker Sociedad Peruana de Moldeados (Pamolsa) for a total of $52.3m. It has bought the shares in the open market to increase its holding by 37.6%. The move follows a deal agreed in October 2010, in which Carvajal exchanged a 60% stake in Colombiana de Moldeados with investment firm Fama for a 37% stake in Pamolsa.