O-I acquires Chinese firm in mass beer market push
Owens-Illinois (OI) has agreed to acquire glass packaging firm Hebei Rixin Glass Group in a deal aimed at opening up opportunities in the growing mass beer market in China.
Owens-Illinois (OI) has agreed to acquire glass packaging firm Hebei Rixin Glass Group in a deal aimed at opening up opportunities in the growing mass beer market in China.
A new Rabobank report suggests that the consolidation strategy employed by the biggest global brewers is paying dividends.