Sidel Group has acquired Italian packaging company PET Engineering for an undisclosed sum, expanding its packaging portfolio.
Founded in 1999 and based in San Vendemiano, Italy, PET Engineering produces a wide range of packaging and equipment for clients in the food and beverage industry such as Coca-Cola, PepsiCo and Efes.
Sidel claims that the acquisition will significantly strengthen its packaging offering, as PET Engineering’s integrated approach between design, engineering and industrialisation will allow the production of high-quality packaging for the water, soft drinks, dairy and beer markets.
PET Engineering will continue to operate with its own branding.
Pavel Shevchuk, executive vice-president, services at Sidel Group said: “With packaging increasingly playing a key role in any marketing mix, we are confident that Sidel and PET Engineering’s complementary strengths in packaging design, qualification and blowing process will bring the Sidel Group more business opportunities while offering customers a diversified choice of partners to materialise their creative requirements.”
“PET Engineering is perfectly established to help Sidel expand its packaging offering – especially regarding the design of containers for water, soft drinks, liquid dairy products and beer.
“Through this acquisition, we are also diversifying our packaging services portfolio to better meet our customers’ needs.
“Packaging design has a critical impact on the whole supply chain efficiency and therefore is a key enabler of our brand promise –Performance through Understanding – and of the strategy behind it.
“This move will ultimately translate into solid value for the Sidel Group.”
© FoodBev Media Ltd 2022
World Beverage Innovation Awards – NOW OPEN FOR ENTRIES!
The awards celebrate excellence and innovation across the global beverage industry. Don’t miss out on having your innovations recognised on a global scale.
Deadline for entries 23 July – enter now!
Don’t get left behind
Start your free Foodbev magazine trial today and join thousands of fellow industry professionals in receiving food and drink trends direct to our business.
Click here to start your free trial
Your privacy We use small files known as ‘cookies’ to enhance your experience of the FoodBev website and analyse site-traffic. Read about how we use cookies or how you may control them in our updated privacy policy and cookie policy. If you continue to use this site, you consent to our use of cookies. Click the ‘OKAY‘ button at the top right of this panel to accept or click here for more information.