Global closures manufacturer Bericap has acquired German manufacturer of aluminium closures, Mala Verschluss-Systeme, for an undisclosed sum.
Following the deal, Mala joins Bericap’s range of plastic closures for the food and beverage industry and represents its expansion into the aluminium material sector.
Based in Bad Liebenstein, Thuringia, Mala produces aluminium screw cap closures for spirits, wine, non-alcoholic beverages and edible oil. The company reported annual revenues of €40 million in 2020 and has over 200 employees.
As a result, Bericap says Mala will gain access to new markets and will see an increase in the manufacture of aluminium closures due to Bericap’s bigger production network.
Meanwhile, the acquisition will open up new market segments for Bericap and enable the opportunity to develop innovative closure technologies that combine plastic and aluminium.
“We’re delighted to welcome the Mala team and their expertise to the Bericap family,” said Christian Krautkrämer, managing director at Bericap.
He added: “The extension of our product range to include Mala’s aluminium roll-on caps enables us to tailor our solutions even more precisely to the needs and requirements of our customers. The acquisition has allowed us to complete our already comprehensive range of closures for PET and glass bottles.
“Mala’s design capabilities and specialised production equipment for aluminium closure finishing and decoration are impressive. The company offers exceptional flexibility in customer projects with its own in-house pad printing, side offset printing and hot foil embossing technology. Together we can leverage our full potential and grow our business footprint in expanding markets.”
© FoodBev Media Ltd 2020
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