Techpack (formerly Madeco) is the leading flexible packaging provider in Latin America via its subsidiaries Alusa, Peruplast, Aluflex and Flexa. The company operates five plants in Chile, Peru, Colombia and Argentina, with a total capacity of 80 thousand tons per year Techpack is the result of the restructuring of Madeco, a diversified industrial conglomerate that included several non-related manufacturing businesses that have been divested since 2013. Following the investment portfolio rearrangement, the company seeks to consolidate its position as a regional leader in the packaging business. Techpack is controlled by Quiñenco (QUINENCO), which is part of the Luksic Group, one of Chile's leading business conglomerates. Techpack trades in the Santiago Stock Exchange (TECHPACK) and is headquartered in Santiago, Chile.