Berlin Packaging has announced the acquisition of Glass Line, an Italian supplier of glass and metal packaging specialising in the wine and olive oil markets.
The deal – which was made for an undisclosed sum – strengthens Berlin Packaging’s Italian operations and forms part of its European expansion.
Glass Line marks the company’s thirteenth acquisition in Europe since 2016 and comes after the purchase of Sodis-Uhart and Audoubert, manufacturers of glass and metal packaging in France.
Meanwhile, at the end of last year, Berlin Packaging acquired Newpack, an Italian glass packaging supplier with a focus on the wine sector.
Based in Savona, Glass Line is a manufacturer of glass and metal packaging for the food and beverage end-markets. The company is a family-run business, with an established presence across northwest Italy including two warehouses in Liguria.
“Glass Line is an extraordinary company that not only shares Berlin’s focus on quality and service, but also delights in serving its customers. As we continue to expand our presence in northwest Italy, we are better able to serve packaging customers of all sizes and across all industries in this region,” said Paolo Recrosio, CEO of Berlin Packaging Europe.
Umberto Berruti, co-leader of Glass Line, said: “Our family has built Glass Line over many years, and we were very deliberate in selecting a partner to help us accelerate our business.”
As part of the agreement, all Glass Line employees and locations will be retained, while its leadership will remain in the same capacity.
“This combination with Berlin allows the best flow of ideas, innovations, and talent across Glass Line for the benefit of our employees, customers, and suppliers,” said Patrizia Zoppi, co-leader of Glass Line.
© FoodBev Media Ltd 2020
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