Berlin Packaging has sealed a deal to acquire Netherlands-based Vincap & Adolfse Packaging for an undisclosed sum, as part of its European expansion.
Located in Utrecht in Netherlands, Vincap & Adolfse supplies a range of products, including plastic, cork and metal closures, as well as plastic packaging across Northern Europe. Berlin Packaging operates in Europe through its Bruni Glass division, headquartered in Milan, Italy.
As of 3 September, the deal had been announced and the integration of Vincap & Adolfse with the Bruni Glass organisation was underway. The deal marks Berlin Packaging’s tenth overall acquisition since 2010 and its fourth in Europe since 2016.
“The Vincap & Adolfse integration will strengthen our business proposition and support our growth across Northern Europe,” said Paolo Recrosio, CEO of Bruni Glass.
“With the combined expertise in so many vertical markets and in so many packaging types, we are extremely optimistic about the future.”
Bruni Glass is a manufacturer of glass packaging for the spirits, wine, food and gourmet markets, and has significantly expanded Berlin Packaging’s presence in Europe when it was acquired in 2016.
Berlin Packaging is a supplier of glass, plastic, and metal containers and closures to companies in the beverage, food, pharmaceutical and household sectors. With a significant background in North America the company has been expanding its global footprint, with operations in China, South Africa, and five European countries.
The merging of these two businesses is the latest investment of Berlin Packaging in strengthening its worldwide presence. Last April, Berlin Packaging acquired French packaging manufacturer Verrerie Calvet, alongside purchasing UK closures manufacturer Erben and opening new US facility for Freund Container & Supply the previous year.
Andrew Berlin, Chairman and CEO of Berlin Packaging said: “As Berlin Packaging continues to acquire companies that share our commitment to quality, service, and bottom line growth for our customers, we further separate ourselves from the competition with a tremendous global footprint, an unparalleled product and service offering, and a long history of double-digit organic growth.”
© FoodBev Media Ltd 2019
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