US-based packaging services firm Berlin Packaging has acquired the olive oil bottle and glass packaging supplier Vidrimon in Southern Europe.
The deal marks Berlin’s 12th acquisition since 2010 and fourth in Europe this year.
The acquisition extends the company’s global footprint, which includes more than 110 locations in North America, the Bruni Glass division headquartered in Milan, the Bruni Erben division in Hadleigh, England, and other operations in China and South Africa.
Vidrimon will be merged into the Bruni Glass division and the new organisation will be called Bruni Glass Iberia.
Berlin Packaging chairman and CEO Andrew Berlin said: “As we grow, we remain steadfast in our commitment to quality, innovative design and helping our customers to improve their bottom lines with our packaging products and services.”
The acquisition offers global expansion opportunities for customers, strengthens expertise in important vertical markets and creates access to Berlin’s income-boosting services.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
It also provides strategic opportunities to Berlin and Vidrimon suppliers and offers them access to a 200-staff-member sales force in North America and Europe.
Bruni Glass CEO Paolo Recrosio said: “Adding Vidrimon is another important building block as we become the world’s strongest, broadest and most customer-centric packaging supplier.
“It not only strengthens our expansive European offering but it also aligns us with another company that shares our glass packaging expertise, our commitment to quality and our insistence on thrilling customer service.”
Berlin Packaging said that it is currently creating a plan for Vidrimon to facilitate the company’s integration into Bruni.
In September, Berlin Packaging signed a deal to purchase Italy-based glass packaging supplier Vetroservice for an undisclosed value.