Nefab expands in South East Asia
Earlier this year Nefab Singapore acquired the business of Precise Packaging Solutions (PPS) in Singapore. PPS will be integrated in the existing legal entity of Nefab Singapore.
PPS carries out business that mainly consists of manufacturing and sales of customized crating solutions, wooden pallets and packing.
"By merging our operations with PPS, we strengthen our position on the market in Singapore", says Collin Chan, Managing Director of Nefab Singapore.
In addition to the acquisition, and to further strengthen the position in South East Asia, Nefab is investing in both new facilities and new machinery that will enable manufacturing/conversion of wood and foam products to our customers in the region. The investments will be made in Malaysia and Singapore.