Sidel Group acquires PET Engineering
Sidel Group has expanded its portfolio of packaging solutions with the acquisition of Italian packaging company PET Engineering.
“With packaging increasingly playing a key role in any marketing mix, we are confident that Sidel and PET Engineering’s complementary strengths in packaging design, qualification and blowing process will bring the Sidel Group more business opportunities while offering customers a diversified choice of partners to materialise their creative requirements,” said Pavel Shevchuk, Executive Vice President Services at Sidel Group.
Founded in 1999, PET Engineering has a strong name in creative packaging design, solid blowing process knowledge and expertise, and a global customer base. It has won a number of packaging awards, including the WorldStar Award in the Beverage category for its 9.3 beer bottle last year and the Golden A’ Design Award in Packaging Design for its FonteVita bottle this year.
The acquisition will help Sidel expand its packaging offering, particularly in designing containers for water, soft drinks, liquid dairy products and beer, according to PET Engineering CEO Moreno Barel.
Shevchuk continued, “Packaging design has a critical impact on the whole supply chain efficiency and therefore is a key enabler of our brand promise — Performance through Understanding — and of the strategy behind it. This move will ultimately translate into solid value for the Sidel Group.”
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