The global manufacturer and seller of plastic closures for food, beverage and industrial markets, Bericap acquires German aluminium closures producer Mala Verschluss-Systeme. The deal amount is yet to be disclosed.
The deal propelled Mala to join Bericap’s plastic range and represents its expansion into the aluminium material sector.
The German-based aluminium closures expert Mala produces aluminium screw cap closures for spirits, wine, non-alcoholic beverages and edible oil. The company posted annual revenues of €40 million in 2020 and has over 200 employees.
Bericap said: “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.”
In the meantime, the acquisition will uncover new market segments for Bericap and validate the window to develop innovative closure technologies that alloy plastic and aluminium.
Christian Krautkrämer, Managing Director, said: “We’re delighted to welcome the Mala team and their expertise to the Bericap family.”
He added: “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. The acquisition has allowed us to complete our already comprehensive range of closures for PET and glass bottles.”
“Mala’s design capabilities and specialised production equipment for aluminium closure finishing and decoration are impressive. The company offers exceptional flexibility in customer projects with its in-house pad printing, side offset printing and hot foil embossing technology. Together we can leverage our full potential and grow our business footprint in expanding markets.”
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