The Envases Group today announced an exciting acquisition agreement. The company has entered into a definitive agreement to acquire Domiberia.
The transaction will be conducted in cash and is subject to customary closing conditions, including competition authority approval.
The acquisition is expected to close in the third quarter of 2023.
With this strategic acquisition, the company will be able to be even closer to its customers and expand its geographic reach in Europe.
Domiberia is the second largest metal packaging company in Spain, with a team of more than 600 people. Once the acquisition is completed, Envases Europe will have more than 21 production facilities throughout Europe and a total workforce of around 3,000 highly skilled people.
Envases Europe president Dan Aggertoft Christensen expressed his enthusiasm for the addition of Domiberia to the Envases family, “By joining Domiberia’s plants and talented team to our family, we will ensure a stronger, broader and more diverse presence in Europe – it’s a perfect match for us!”said Aggertoft Christensen.
With this strategic acquisition, Envases Europe aims to continue the excellent work done by Domiberia and to further boost its growth in the European market. The packaging industry is experiencing increasing demand worldwide due to the need for sustainable and efficient solutions.
