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Cospak

San Miguel adds Auckland plastics factory to global empire

Giant Manila-based brewer San Miguel and a Japanese partner are buying majority control of Australian family-owned Cospak, a packaging company with a plastics manufacturing unit in Auckland.

The $A50 million deal will give San Miguel Yamamura Packaging International a 65% stake in Cospak, which owns the Premier Plastics Group in East Tamaki as well as a Cospak sales operation.