Envases buys up Danish can maker
Danish can maker Glud & Marstrand has been acquired by Mexican packaging group Envases Universales.
The deal, which was completed on 1 July, is subject to the normal closing conditions.
Glud & Marstrand is a leading manufacturer of metal packaging solutions focused on the food market, as well as speciality metal promotional and media packaging.
The company, which is headquartered in Losning, Denmark, serves customers across the world from its network of nine manufacturing facilities located in Europe, the US and Asia.
The Envases Universales Group is a leading manufacturer of rigid packaging solutions with 27 plants across Mexico, Central America and South America. The company is focused on the manufacture of steel cans, aluminium cans, and plastic packaging for the beverage, food, paint and chemical markets.
The shareholders of both corporations have expressed their complete satisfaction with the purchase. A blend of the experience held in the manufacture of metal packaging held by both companies, as well as the two complementary manufacturing technolgies, will enhance Envases Universales and Glud & Marstrand’s ability to support customers’ growth with high quality packaging solutions on a global scale.