10.30.19
Berlin Packaging and Novio Packaging announced they have entered into a definitive agreement for Berlin Packaging to acquire Netherlands-based Novio Packaging Group B.V.
This strategic transaction significantly strengthens Berlin Packaging’s European plastic offering, enhances its expertise in personal care, pharmaceutical, food, and sports nutrition verticals, and expands its northern European footprint. Berlin Packaging’s European companies are comprised of specialty glass market leader Bruni Glass, closure experts Bruni Erben, and four other companies acquired in 2019.
The addition of Novio Packaging to Berlin Packaging’s existing European companies creates a packaging supplier for glass, plastic, and metal containers and closures with a full suite of income-boosting services designed to grow customers’ net income.
With several offices across northern Europe and approximately 160 employees, Novio Packaging has an solid growth track record, including completing four acquisitions in the past two years.
Berlin Packaging is a $2.6 billion global supplier of rigid packaging products and services to customers of all types across all sectors. Novio Packaging marks Berlin’s 13th overall ac-quisition since 2010 and fifth in 2019, adding strategic locations throughout Northern and Southern Europe. This rapid expansion broadens the company’s global reach, which includes 1,300+ employees, 130+ locations in North America, and operations in nine European countries, China, and South Africa.
“Acquiring Novio fully solidifies our European positioning, giving us the ability to help customers of all sizes, including multi-national corporations, across all market segments, grow their bottom lines with our packaging products and services,” said Andrew Berlin, chair-man and CEO of Berlin Packaging.
“Having a strong northern European partner provides new avenues for our specialty glass offering for the food, wine, and spirits markets,” said Paolo Recrosio, CEO of Bruni Glass, a Berlin Packaging Company. “Novio’s expertise in plastics and other key market verticals will significantly expand our southern European operations, benefiting our customers and leading to superior business growth.”
This strategic transaction significantly strengthens Berlin Packaging’s European plastic offering, enhances its expertise in personal care, pharmaceutical, food, and sports nutrition verticals, and expands its northern European footprint. Berlin Packaging’s European companies are comprised of specialty glass market leader Bruni Glass, closure experts Bruni Erben, and four other companies acquired in 2019.
The addition of Novio Packaging to Berlin Packaging’s existing European companies creates a packaging supplier for glass, plastic, and metal containers and closures with a full suite of income-boosting services designed to grow customers’ net income.
With several offices across northern Europe and approximately 160 employees, Novio Packaging has an solid growth track record, including completing four acquisitions in the past two years.
Berlin Packaging is a $2.6 billion global supplier of rigid packaging products and services to customers of all types across all sectors. Novio Packaging marks Berlin’s 13th overall ac-quisition since 2010 and fifth in 2019, adding strategic locations throughout Northern and Southern Europe. This rapid expansion broadens the company’s global reach, which includes 1,300+ employees, 130+ locations in North America, and operations in nine European countries, China, and South Africa.
“Acquiring Novio fully solidifies our European positioning, giving us the ability to help customers of all sizes, including multi-national corporations, across all market segments, grow their bottom lines with our packaging products and services,” said Andrew Berlin, chair-man and CEO of Berlin Packaging.
“Having a strong northern European partner provides new avenues for our specialty glass offering for the food, wine, and spirits markets,” said Paolo Recrosio, CEO of Bruni Glass, a Berlin Packaging Company. “Novio’s expertise in plastics and other key market verticals will significantly expand our southern European operations, benefiting our customers and leading to superior business growth.”