Berlin Packaging to acquire Italy’s Bruni Glass
Chicago-based Berlin Packaging said the deal will extend its footprint into key European markets for its full line of products, including plastic packaging and closures.
In a bid to expand in European markets, packaging supplier Berlin Packaging is acquiring Italy-based glass packager Bruni Glass.
The terms of the deal have not been disclosed.
In a statement, Chicago-based Berlin Packaging said the deal – which will “extend its footprint into key European markets” for its full line of products, including plastic packaging and closures – will increase sales this year to more than US$1.2 billion through the combined company.
“Combining Berlin and Bruni is an important building block in our quest to be the strongest, broadest, and most customer-centric packaging supplier in the market,” the statement said.
Bruni has offices in Italy, France, Spain, China, Canada, and the U.S., and has annual sales of approximately US$150 million. The company supplies glass packages designed in-house for spirits, wine, food, and gourmet applications.
The transaction is expected to close in the next 45 days.