RPC Group Plc annouced the acquisition of Ace Corporation Holdings Limited RPC, based in Beccles England, an international rigid plastic packaging supplier to the food and non-food, customer and industrial markets has announced the completion of the acquisition of Ace Corporation Holdings Limited on 2 Jun, 2014. RPC said that currently 94% of its 1.76 billion (USD) sales are in Europe, but it noted that Asia’s rigid plastic packaging markets will have the world’s fastest growth, averaging 9.8% a year through 2018, compared with 2.7% in Europe. Absorbing Ace to the Group obviously opens the door for RPC’s expansion in Asia. Ace, one of China’s most outstanding mold maker and injection molder, with 1.4 billion (HKD) sales in 2013, sales and earnings were up 25% and 38% respectively compared with 2012. Dr. Jack Yeung, CEO of Ace Corporation Holdings Limited and his top management team will remain with RPC, and Ace will be run as one of six stand-alone units within RPC. CEO of RPC Group Plc, Mr. Pim Vervaat said :”Ace will continue to be an independent company led by Jack, reporting to me”. Awarded by Happy Organization Label Scheme 2014 Ace Mold acquired the “Happiness-at-work Label” on 13 Jun 2014. More than 200 companies and organisations in Hong Kong have signed the happiness-at-work declaration to show their commitment to creating a happy work environment and raising the happiness-at-work level of staff members. Ace has awarded this lable for two consecutive years. Hong Kong Council of Social Service Awards the "Caring Company Logo 2013/2014 Congratulations on Ace achievements in the Caring Company Scheme. The Hong Kong Council of Social Service is delighted to award the Caring Company Logo to Ace Mold, this is the seventh year ACE won this award as a caring company contribute in caring the community, caring for the employees and caring for the environment over the past years. QUICKLINK RPC Group Webmail