In September 2021, Gualapack ("Gualapack" or the “Company”), a world leader in pre-made spouted pouches and a global player in the flexible packaging industry, announced the acquisition of Teruel Embalagens - Papéis Amália Ltda ("Teruel Embalagens"), a leader in flexible industrial and commercial packaging.

Duff & Phelps, A Kroll Business served as the exclusive financial advisor to Gualapack, in connection with the transaction.

About Gualapack
Gualapack is the world leader in pre-made spouted pouches and a global player in the flexible packaging industry. With headquarters in Italy and several manufacturing sites worldwide, Gualapack has built its market leadership through a unique set of technologies with different packaging solutions. Developed from combining cutting-edge technologies with deep know-how, the Company offers flexible packaging, injection molding and filling lines’ design and manufacturing. The Company additionally offers packaging solutions like the “hybrid” Cheerpack™, as well as different stand-alone components (laminates, caps, etc.). Guarnera Advogados served as legal counsel to Gualapack.

About Teruel Embalagens - Papéis Amália Ltda
Founded in 1969, with two factories and 50+ years of operations, Teruel Embalagens has a leading position in flexographic printing and packaging. Headquartered in Jaguariúna - São Paulo, Teruel Embalagens is one of the largest and most traditional flexography converters, recognized all over the world and in Brazil for its print quality and product development. Focus on sustainable and ecological solutions, innovation, ethics and sustainability are drivers of its businesses. Bronstein, Zilberberg, Chueiri & Potenza Advogados served as legal counsel to Teruel Embalagens.