…the history continue…
In Peru, the Company acquired a 25% interest in two flexible packaging firms, Peruplast S.A. and Tech Pak S.A.
Through the acquisition of Decker, a manufacturer of copper and copper alloys products, the company began operating in the Argentinean markets of tubes and sheets.
After having created Aluflex, the Company entered into the flexible packaging market in Argentina.
The Company acquired Indalum S.A., a Chilean manufacturer of aluminum profiles.
The Company acquired Armat S.A., a Chilean manufacturer of coin blanks and minted coins made of copper and copper – based alloys.
After having acquired part of the share capital of the Company in 1980 (approx. 33%), the Luksic Group acquired a majority holding and control of the Company.
Following four years of state intervention, operative control of the Company was returned to its Board during the military government.
The Company along with the Zecchetto family created Alusa S.A., which was dedicated to the manufacture of flexible packaging for use in the mass consumer market in the areas of food, snack and products for the home.
Invexans was founded by Mademsa to manufacture copper and copper-alloy based products. The original principal shareholders were the Simonetti brothers and the Corporación de Fomento de la Producción (Corfo).