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Impress Signs Joint Venture Agreement With Major Thai Tuna Can Maker

Impress Group B.V. and Royal Can Industries Co. Ltd. announced today that they have reached a definitive agreement to create a joint venture to sell and manufacture aluminum food and seafood cans in Thailand.

Royal Can is one of Thailand’s leading canmakers, with a complete range of steel and aluminum cans produced on highly efficient modern equipment.

The new company will be called ‘Royal Impress’ and will be headquartered in Royal Can’s existing premises in the Bangkok area.

Impress currently exports aluminum cans from its European factories into Thailand. Many of them are filled in Thailand to be re-exported to the world’s main consuming markets in Japan, North America, and Europe.

‘The new company will have a winning combination of market knowledge, technical skills and research and development resources’, says Thavee Thanawatcharangkoor, Managing Director of Royal Can. ‘The association with Impress will enable us to bring the highest level of technical assistance to our customers to support their export activities, and to introduce the latest innovations and developments in aluminum seafood cans’.

‘With this venture in Thailand, our recent acquisition of Megasa in Spain, our new factory in Morocco, and our joint venture with Inesa in Peru, Impress is now present in seafood cans on all five continents and in each of the major seafood processing countries in the world’, says Francis Labbé, Chief Executive Officer of Impress Group. ‘Thailand is the world’s largest exporter of canned tuna and Thai seafood products are on the shelves everywhere in the world. As global leader of this growing market, Impress had to be physically present in Thailand.  We are proud to be associated in this venture with Royal Can, Thailand's leading independent can maker’.