Sidel buys Italy’s PET Engineering

Switzerland-headquartered blow moulding machinery supplier Sidel Group has concluded the acquisition of PET Engineering Srl, further expanding the company’s portfolio of packaging solutions. Terms were not disclosed.

Founded in 1999 and based in San Vendemiano, Italy, PET Engineering has 40 employees.

“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,” commented Pavel Shevchuk, Executive Vice President Services, Sidel Group.

“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,” says PET Engineering CEO Moreno Barel.

“Through this acquisition, we are also diversifying our packaging services portfolio to better meet our customers’ needs,” Pavel continued.

“Packaging design has a critical impact on the whole supply chain efficiency and therefore is a key enabler of our brand promise. This move will ultimately translate into solid value for the Sidel Group,” Pavel concluded.

Sidel Group consists of Sidel and Gebo Cermex and covers equipment and services for packaging liquid, food, home and personal care products in PET, can, glass and other materials. Novembal is the Sidel Group’s third business unit – a specialist in plastic cap design and injection and a prominent supplier of bottle liquid food closures.

With over 37,000 machines installed in more than 190 countries, it has nearly 170 years of experience and 5,000+ employees worldwide.

(PRA)

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