Close×

Packaging group Quadpack Industries is targeting the Asia Pacific through the formation of a sales team focused on the region.

The company has set up a sales operation with the purpose of offering packaging solutions and design services to Asian beauty brands and contract fillers.

Regional director Jason Smith is leading the charge, and said the latest move was "a key element of our larger organic growth plans".

"We already have an established office in Australia and New Zealand and, since our merger with Collcap, an unrivalled presence across Asia," he said.

Quadpack has a supply chain and QA team spread across China, Hong Kong, Korea, and Taiwan.

Limited-Edition-Perfume.jpg

The packaging group's Melbourne and Hong Kong offices will act as joint headquarters for Quadpack Asia Pacific.

"Now the different domestic markets are maturing, the time is right to start building relationships with local brands," Smith said.

Close to a third of the world's beauty packaging spend comes from Asia, accounting for half of the world's skincare market.

Domestic markets are maturing, and Quadpack has found an opportunity to provide packaging solutions to help brands perform both locally and internationally.

Headquartered in Europe, Quadpack has been present in Asia since its inception in 2003.

The company's Australian office is celebrating its 10th anniversary of servicing brands in Australia and New Zealand this year.

Food & Drink Business

Western Australian producer, Brownes Dairy, has been put up for sale according to the Australian Financial Review (AFR), as one of its biggest lenders, China Mengniu Dairy, calls in its $200 million loan. A reduced demand for milk in China and the current positioning of the global market could be driving the decision.

The Central Coast is about to receive a boost to its local food and beverage manufacturing industry, with construction starting on the $17.14 million Food Manufacturing Innovation Hub, funded by the federal government’s National Reconstruction Fund (NFR).

The Australian Industry Group (Ai Group) says Australia is at a “critical crossroads” when it comes to R&D and decades of rhetoric have not delivered material change.