SLAC purchases OKL assets

Suzhou SLAC Precision Equipment, through its wholly owned subsidiary SLAC USA LLC, has entered into an agreement with the receiver to purchase the assets of O.K.L. Can Line Inc, and Allcan Global Service Inc.

SLAC has now received court approval; the transaction is expected to close shortly.

The OKL assets that will be transferred to SLAC include: equipment, work in progress, intellectual property, technical drawings and the rights to use the OKL brand name.

SLAC intends to bring the acquired assets rapidly to operational efficiency, and to develop them to bring stronger global equipment solutions to its customers worldwide.

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