Sector News

United Caps acquires closure manufacturer Embalatap

April 17, 2018
Food & Drink

Luxembourg-based caps and closure producer United Caps has acquired Spanish closures manufacturer Embalatap for an undisclosed sum.

Embalatap primarily produces caps and closures for clients in the edible oils and vinegar sectors in Spain, and the company produces in excess of a half billion caps and closures annually.

United Caps says that the acquisition strengthens its own product portfolio, as Embalatap’s product range will now be marketed under the United Caps name.

United Caps has said that all 30 Emabalatap employees will keep their jobs and join the company, and the manufacturing facility in Sopelana, Spain will remain operational.

Benoît Henckes, CEO of United Caps said: “By incorporating Embalatap solutions into our portfolio, we give customers a one-stop shopping experience for a broader range of closure solutions.

“Since there is virtually no overlap in customers or product lines we don’t anticipate discontinuing products from either company in the near term.”

Oscar Rojo, managing director of Embalatap said “We are pleased to be joining the United Caps family.

“As a market leader in caps and closures, United Caps brings us additional market reach, an expanded sales capability and a great support infrastructure, while our line of closures, especially for edible oils, extends United Caps’ portfolio in this lucrative market.

“We look forward to continued growth as part of United Caps.”

Source: FoodBev

comments closed

Related News

June 24, 2022

Carlsberg announces resignation of CFO Heine Dalsgaard

Food & Drink

Carlsberg has announced the departure of its chief financial officer (CFO), Heine Dalsgaard, after six years in the position. In a statement, Carlsberg said that Dalsgaard was resigning from the post to take up the role of CFO at a private equity-backed company in a different industry.

June 24, 2022

Kellogg to split into three companies, focus on snacks

Food & Drink

Kellogg will split into three independent companies to focus on the snack business, Reuters reported Tuesday. The snacking portfolio will comprise the main business, while the North America cereal unit and the plant-based business will be spun off. The company is also considering a sale of the plant-based business.

June 24, 2022

Mondelēz to buy energy bar company Clif Bar for $2.9bn

Food & Drink

The snacks giant says the acquisition will help build on its commitment to “lead the future of snacking” in key geographies worldwide. Once the transaction is completed, Mondelēz will continue to operate the Clif Bar business from its headquarters in Emeryville, California. The snack giant will also continue to manufacture Clif Bars’ products, which include Clif Bar, Luna and Clif Kid, at its facilities in Idaho and Indiana.