Bericap acquires German maker of aluminium closures Mala to expand portfolio
GERMANY – Bericap, a leading manufacturer of closures, is expanding its portfolio of closures following the acquisition of German manufacturer of aluminium closures, Mala Verschluss-Systeme.
The acquisition of Mala for an undisclosed sum represents an expansion of Bericap’s portfolio (which until now was comprised of plastic closures) into the aluminium material sector.
Caps & closures play an important role in packaging, they help to extend shelf-life of the products and provide a barrier to dirt, moisture, and oxygen.
“The extension of our product range to include Mala’s aluminium roll-on caps enables us to tailor our solutions even more precisely to the needs and requirements of our customers,” said Christian Krautkrämer, managing director at Bericap.
“The acquisition has allowed us to complete our already comprehensive range of closures for PET and glass bottles.”
Based in Bad Liebenstein, Thuringia, Mala produces aluminium screw cap closures for spirits, wine, non-alcoholic beverages and edible oil.
The company reported annual revenues of €40 million in 2020 and has over 200 employees, according to a statement from Bericap.
“Mala’s design capabilities and specialised production equipment for aluminium closure finishing and decoration are impressive,” Krautkrämer added.
“The company offers exceptional flexibility in customer projects with its own in-house pad printing, side offset printing and hot foil embossing technology.”
Following the deal, Mala will gain access to new markets and will see an increase in the manufacture of aluminium closures due to Bericap’s bigger production network.
Meanwhile, the acquisition will open up new market segments for Bericap and enable the opportunity to develop innovative closure technologies that combine plastic and aluminium.
According to Krautkrämer, the merger will allow the companies to leverage their full potential and grow business footprint in expanding markets.
The merger is particularly timely, as the caps & closures market is expected to grow at a CAGR of 5.2% between 2020 and 2023 to reach a market size of USD$65.12 billion by the end of forecast period, according to Market Research Future.
Rising demand for bottled water and smaller packaging sizes from the end-user industries such as food, beverage, and healthcare, and rising concerns toward product quality and safety are some of the factors improving caps & closure market growth.
Increasing use of packaging particularly in the emerging markets of China and India is another factor, according to the market research firm, that is driving the growth of the caps and closures market.
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