CC Pack Menu About Us Our Offer News NEWS LISTING PAGE > AR PACKAGING ACQUIRES MAJU JAYA SARANA G... Contact AR Packaging acquires Maju Jaya Sarana Grafika (Indonesia) ÅR Packaging Group AB is pleased to announce that it has entered into a binding agreement with PT Maju Jaya Sarana Grafika (MJSG) for the acquisition of a significant majority stake in the company. Adrian Koesnendar, CEO and co-owner of the family business, will continue to own the remaining shares. Maju Jaya is one of the leading Indonesian packaging companies with a majority of the customer base in the tobacco and food segments. The company has two production sites in Bekasi (close to Jakarta, Java) and Semarang (central Java). In January 2016, AR Packaging and Maju Jaya announced a strategic partnership with the objective to cooperate in manufacturing, procurement, sales and marketing. The partnership has now been further enhanced with the equity investment of AR Packaging. “We are very satisfied to have found such a competent partner in Maju Jaya”, says Peter Aichhorn, COO Branded Products of AR Packaging. “We have worked very closely with the company in recent months and we are convinced that together we will be able to provide the best possible service to both our local and multi-national customers going forward.” Harald Schulz, CEO of AR Packaging, adds: “The acquisition of Maju Jaya is an important step to implement our expansion strategy outside of Europe. We view a South East Asian platform to be the natural first step in our global aspiration in selected segments.” “Becoming a member of AR Packaging will strengthen our commitment and capabilities to serve the customers in the best way”, says Adrian Koesnendar, CEO of Maju Jaya Sarana Grafika. “Access to new innovations and technologies enables us to compete on the global market.” Completion of the transaction will be subject to customary closing conditions. For further information please contact: Harald Schulz, CEO, AR Packaging Phone +49 6192 406 100, email harald.schulz@ar-packaging.com Peter Aichhorn, COO Branded Products, AR Packaging Phone +49 8231 999 244, email peter.aichhorn@ar-packaging.com Adrian Koesnendar, CEO, Maja Jaya Sarana Grafika Phone +62 819 711999, email adrian.koesnendar@majujaya.co.id To download the press release, please click here. About AR Packaging AR Packaging is one of Europe’s leading companies in the packaging sector with net sales of approximately 560 MEUR (pro forma 2015) and 2200 employees across 17 factories in nine countries. The head office is situated in Lund, Sweden. AR Packaging was formed in 2011 as a merger of A&R Carton, one of Europe’s leading carton board packaging companies and Flextrus, a leader in northern Europe within flexible packaging. The group creates added value to customers by a broad product offering and deep knowledge of packaging. AR Packaging has an objective to grow both organically and by way of acquisitions. www.ar-packaging.com About Maju Jaya Sarana Grafika Maju Jaya is a paper packaging company offering a one stop service from design, prepress, production to finishing and delivery. It was founded in 1974 to meet the specialist needs of companies globally and operates two sites in Indonesia. With a strong foundation built on quality systems, structure and people, Maju Jaya is certified to ISO 9001 and ISO 14001. The company aims to be an efficient, modern and highly regarded player in the packaging industry. www.majujaya.co.id 2016-10-13 Christoffer Olbrich Managing Director +46 504 198 82 Contact Me Newsletter About Us Our Offer News Contact © 2015 AR Packaging Group AB