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China Aluminum Cans Holdings Ltd has acquired a 70% stake in GZ Euro Aerosol & Household

China Aluminum Cans Holdings Limited has acquired a 70% stake in Guangzhou Euro Aerosol & Household Products Manufacture Co., Ltd from European Asia Industrial Limited for US$11.54 million.

China Aluminum Cans Holdings Limited is an investment holding company principally engaged in the manufacture and sale of aluminum aerosol cans and content filing of aerosol cans, and the production and sale of aerosol products and non-aerosol products.

Guangzhou Euro Asia Aerosol & Household Products Manufacture Co Ltd, incorporated in the PRC with limited liability, is principally engaged in content filling of aerosol cans for cosmetic products. The company markets its products throughout China.

European Asia Industrial Limited is an investment holding and trading company incorporated in HK, with limited liability.

Oaklins' team in Hong Kong acted as financial advisor to China Aluminum Cans Holdings Limited regarding the acquisition of a 70% equity interest in Guangzhou Euro Asia Aerosol & Household Products Manufacture Co., Ltd.

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 Benny  Chung

Benny Chung

Managing Partner

Hong Kong, China
Oaklins Tonghai Capital