{"id":9868,"date":"2025-10-21T03:58:14","date_gmt":"2025-10-21T07:58:14","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=9868"},"modified":"2025-10-21T03:58:14","modified_gmt":"2025-10-21T07:58:14","slug":"raphael-geminder-explores-sale-of-asian-packaging-operations","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=9868","title":{"rendered":"Raphael Geminder explores sale of Asian packaging operations"},"content":{"rendered":"


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Rigid plastic packaging and components manufacturer Dynapack makes bottles, jars, tubes and moulded parts. Credit: NDanko\/Shutterstock.com.<\/figcaption><\/figure>\n<\/p><\/div>\n

Australian businessman Raphael Geminder is exploring a potential sale of the Asian operations of his packaging companies, as reported by Bloomberg<\/a>.<\/em><\/p>\n

Rigid plastic packaging and components manufacturer Dynapack Asia and Pact Group Holdings have engaged a financial adviser and contacted prospective buyers, encompassing private equity companies and other packaging companies.<\/p>\n

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Sources indicated the combined Asia businesses could be valued at $1bn.<\/p>\n

The discussions are ongoing and may not lead to a transaction.<\/p>\n

Geminder owns a 50% stake in Dynapack Asia and the remaining shares are held by entities controlled by the Hambali family.<\/p>\n

The other owners of Dynapack Asia are deciding whether to join Geminder in a possible sale.<\/p>\n

Neither Dynapack Asia nor Pact Group replied to requests for comment.<\/p>\n

Geminder is chairman of Dynapack Asia, which was founded in 1959 by Soebekti Hambali7 and is led by chief executive Tirtadjaja Hambali.<\/p>\n

Dynapack manufactures bottles, jars, tubes and moulded parts, serving sectors including personal and baby care, food and beverage, home cleaning and pharmaceuticals.<\/p>\n

The company lists clients including Coca\u2011Cola, Johnson & Johnson, Procter & Gamble, Shell and Unilever, and operates offices in Bangkok, Jakarta and Singapore.<\/p>\n

Geminder established Pact Group in 2002.<\/p>\n

In July 2025, the company withdrew from the Australian Securities Exchange and stated in a regulatory filing that it would keep assessing its Asian packaging and closures operations, including possible disposals.<\/p>\n

The filing also showed the group\u2019s net debt increasing by 18.4% in the most recent financial year to A$496m ($328m).<\/p>\n

In February 2024, Dynapack Asia entered a partnership<\/a> with AeroFlexx, a liquid packaging company, to address demand for sustainable liquid packaging solutions in the Association of Southeast Asian Nations region.<\/p>\n

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