The packaging giant’s subsidiary Crown Asia Pacific Holdings bought a newly built beverage container facility in the Dong Nai province, northwest of Ho Chi Minh City, from Interfood Shareholding, which will retain a minority share in the operation.
A Crown statement said the plant was sized to accommodate additional manufacturing lines and the annual capacity of 600m two-piece 33cl aluminum drinks cans was an “initial” figure. When contacted by FoodProductionDaily.com, a company spokesman declined to provide any further details regarding expansion plans or the cost of the takeover.
Jozef Salaerts, President of Crown's Asia-Pacific Division, said: "We are delighted to expand our relationship with Interfood. This is our third manufacturing facility in Vietnam which continues to be a vibrant and growing market for us. We have been doing business for more than 30 years in South East Asia and this expansion underscores our commitment to support the growing needs of our global and regional customers and to help them continue to build their brands."