Berlin Packaging has announced its acquisition of the Juvasa Group, a supplier of glass, plastic and metal packaging for the food and beverage industry.
Founded in 1987, Juvasa is a group of companies that supplies customers with packaging products including bottles and jars for olive oil, wine, beer, spirits, sauces, vegetable preserves and honey.
According to Berlin Packaging, all of the group’s employees and locations will be retained under its ownership.
The transaction marks Berlin Packaging’s sixth acquisition in EMEA (Europe, the Middle East and Africa) so far this year and follows news of the company’s purchase of Greek glass packaging supplier Elias Valavanis in June.
Based in Seville, Spain, and with locations across Spain, Portugal and the Canary Islands, the Juvasa Group is said to have “an extensive commercial presence and logistical capabilities”, and also offers custom packaging design services through its in-house design studio.
“With the addition of the Juvasa Group, Berlin Packaging is by far the largest packaging distributor in Iberia, a crucial market in Europe,” said Paolo Recrosio, CEO of Berlin Packaging, EMEA.
“More importantly, our combination with the Juvasa Group allows us to offer even more products and services to our customers, helps our suppliers continue to grow their businesses and creates more career opportunities for our employees.”
Bill Hayes, Berlin Packaging’s global CEO and president, added: “The addition of the Juvasa Group continues our efforts to expand our presence in Europe, the Middle East and Africa. This partnership also enhances our already formidable design capabilities, with design studios located in the US, Italy, the Netherlands and now Spain.”
© FoodBev Media Ltd 2021
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