Copack specialises in can and glass packaging and is currently used by Gruppo Campari for the ready-to-drink sourcing.
This acquisition Campari’s international supply chain capabilities, while adding flexibility to the local organisation, heightening quality control and further supporting innovation capabilities. Moreover, it provides the Group with an opportunity to support the company’s future growth in the Asia-Pacific region.
Gruppo Campari will pay AUD 20m on a cash-free/debt-free basis for land, buildings, production assets and working capital.
It is expected that the acquisition will be completed in the third quarter of 2013. The expected payback period of the Copack acquisition is approximately six years.
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