SIDEL GROUP ACQUIRES PET ENGINEERING TO STRENGTHEN AND DIVERSIFY PACKAGING SOLUTIONS PORTFOLIO
Sidel Group concluded the acquisition of PET Engineering Srl, further expanding the company’s portfolio of packaging solutions.
Sidel Group concluded the acquisition of PET Engineering Srl, further expanding the company’s portfolio of packaging solutions. “With packaging increasingly playing a key role in any marketing mix, we are confident that Sidel and PET Engineering’s complementary strengths in packaging design, qualification and blowing process will bring the Sidel Group more business opportunities while offering customers a diversified choice of partners to materialise their creative requirements,” comments Pavel Shevchuk, Executive Vice President Services, Sidel Group.
Two strong players, more capabilities
“PET Engineering is perfectly established to help Sidel expand its packaging offering – especially regarding the design of containers for water, soft drinks, liquid dairy products and beer,” says PET Engineering CEO Moreno Barel. “Through this acquisition, we are also diversifying our packaging services portfolio to better meet our customers’ needs,” Pavel continues. “Packaging design has a critical impact on the whole supply chain efficiency and therefore is a key enabler of our brand promise – Performance through Understanding – and of the strategy behind it. This move will ultimately translate into solid value for the Sidel Group.”
