Announced
Financials
Sources
Tags
bottling
Acquisition
Pending
canning
Majority
Friendly
Containers and Packaging
Private
Single Bidder
United States
food packaging
Synopsis
Refresco, a bottler of beverages for retailers is set to acquire the manufacturing business of Arizona Production & Packaging, a food, and beverage manufacturing and packaging firm. Financial terms were not disclosed. The purchases will enable strategic growth in the North American market. "With the addition of AZPACK to the Refresco Group, we will be even better positioned to service customers in the Southwestern USA across many categories, including energy drinks and innovative sports drinks. AZPACK will have a specialist role in the Refresco Group, as they are known for their expertise in manufacturing complex niche products for branded beverage companies," Hans Roelofs, Refresco Group CEO.
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