Berlin Packaging completed the acquisition of Le Parfait from O-I for $83m.

Berlin Packaging, a hybrid packaging supplier of glass, plastic, and metal containers and closures, completed the acquisition of Le Parfait, a major glass-making company, from O-I, an American Fortune 500 company that specializes in container glass products, for $83m. "Acquisition of the Le Parfait brand would strengthen our leadership in the glass packaging industry and further establish Berlin Packaging as the leading and trusted partner for high-quality glass containers, not only in the business-to-business market but also in the business-to-consumer market," Paolo Recrosio, Berlin Packaging EMEA CEO.