A&R Carton AB of Lund, Sweden and Packages Limited of Lahore, Pakistan, have signed a strategic partnership agreement. The objective of this agreement is to establish a cooperation in the manufacture, procurement, sale and marketing in Pakistan and neighbouring markets of cartonboard packaging.
Harald Schulz, President and CEO of AR Packaging, says, “In line with our strategy to expand our footprint outside of Europe, our partnership with Packages Ltd will further strengthen our platform and benefit our global customer base. After having been a founding partner of Packages Limited in 1956, we are very pleased to join forces with such an established company again to collaborate in new target markets.”
Syed Hyder Ali, CEO of Packages Ltd, comments, “The partnership with AR Packaging will further strengthen our domestic market position and give us entry to the international markets. We will be able to leverage AR Packaging’s technology and know-how – this partnership will allow us to better serve our customers.”