ITALY – Irish-owned, Zeus Packaging has agreed to acquire Sirap Group’s German and Austrian business in an effort to accelerate its expansion in Europe. The acquisition – which was made for an undisclosed sum – will further expand and strengthen Zeus Packaging’s geographic presence across 12 countries in Western, Central and Eastern Europe. The deal comes shortly after Faerch acquired the Sirap food packaging business in Italy, Poland and Spain. Following completion of the transaction, Sirap Group will maintain control over its business in the UK and France, with a…
Read MoreZeus Packaging makes it biggest acquisition yet in aggressive European expansion
