Colep Packaging announced that it was acquiring 40% of ALM Envases, a Spanish producer of aluminum aerosols. This is the first time Colep Packaging has made this type of investment.
RAR is the European leader in general packaging. It started more than 50 years ago and now has a presence in several European countries. As the first to manufacture metal containers, they also specialize in plastic containers and remain one of the first industrial and commercial labels. In 2019 it turns over €119 million annually and currently employs 700 workers in Spain, Poland and Portugal.
Paulo Sousa, CEO of Colep Packaging, defined this moment as an important step in our growth strategies. Thus, with this acquisition, it is possible to have greater responses to the markets aligned with the ambition to expand packaging solutions. They are able to better partner with customers and follow and implement their strategies that lead to that growth.
David Massanet, CEO of Barcelona-based ALM, which focuses on aluminum packaging for the food, beverage, cosmetics, personal care and household industries, said he believes the company, together with Colep Packaging, “will ensure a more robust business, gaining competitiveness and increasing the value of our business in the future.”
Last summer, Colep also spun off its packaging and consumer products business units. After this operation, the former Colep Portugal became Colep Consumer Products, while this packaging area assumed the name Colep Packaging.
Hi sir. my name is Md Sultan Ansari. i am. from India. sir my work experience is. electrician and Driver and lodging on lodging, this my experience, Thanks