Announced

Guala Closures completed the acquisition of Metal Crowns.

Synopsis

Guala Closures, a designer and manufacturer of premium closures for spirits, wine, and other beverages, completed the acquisition of Metal Crowns, a producer of crown caps and plastic closures for the bottling market. Financial terms were not disclosed. “This acquisition marks a major milestone in our global growth strategy. By combining our international expertise with Metal Crowns’ local strength, we aim to build a solid platform to drive sustainable growth and innovation across the region. Leveraging Metal Crowns’ longstanding relationships with global customers, we expect to gain further opportunities to expand into other East African countries,” Andrea Lodetti, Guala Closures CEO.

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MergerLinks - Guala Closures completed the acquisition of Metal Crowns.