Sidel Group Expands Packaging Solutions Portfolio

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Sidel Group Expands Packaging Solutions Portfolio

Sidel Group Expands Packaging Solutions Portfolio

Italy-based PET Engineering was recently acquired by Sidel Group, a manufacturer of packaging equipment according to news reports.  PET Engineering was established almost 20 years ago and is a flexible packaging company offering polyethylene terephthalate (PET) packaging solutions for a variety of industries including cosmetic, personal care, beverage, food and household cleaners.

 
Sidel provides liquid packaging solutions along with blowing, filling and labeling solutions for personal care products, home and food products applications.  Liquid packaging solutions are designed for juices, soft drinks, water, teas, nectars, liquid dairy products such as milk, and other beverages.
 
Pavel Shevchuk, executive VP at Sidel Group Services said that the company would be able to offer clients a diversified choice of partners to deliver on their creative requirements while Sidel would enjoy expanded business opportunities through the acquisition given the combined complementary strengths of the two companies.
 
Moreno Barel, CEO at PET Engineering said of the acquisition that PET is ideally set to assist Sidel in growing  its packaging offering, particularly in the design of containers for liquid dairy products, water, soft drinks and beer.  PET Engineering manufactures a wide array of equipment and packaging for clients including PepsiCo, Efes and Coca-Cola. The company will continue operations with its own branding according to reports.
 
Financial details of the acquisition were not disclosed.
 
From rigid plastic, liquid cartons and flexible packaging to paper-based containers, metal and glass, Markem-Imaje provides a wide range of industrial coding and marking solutions to many industries.  From continuous inkjet coding and TTO to thermal inkjet and digital printing, we deliver innovative coding technologies for today's challenging environments that are reliable and cost-effective.

January 10, 2014
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