Vinventions and Alplast announce screwcap deal
Wine closures specialist Vinventions has acquired the 30 x 60 wine screwcap business of Alplast S.r.l.
The partnership, which takes effect 1 May, 2018, will see Vinventions add more than 200 million 30 x 60 wine screwcaps to its growing closure portfolio.
As part of the deal, which Vinventions claimed would position it as the third largest supplier of wine screwcaps worldwide, Alplast will continue to produce the 30 x 60 wine screwcaps exclusively for Vinventions, with the latter taking over sales, marketing and order fulfillment for 30 x 60 wine screwcaps.
Dr. Heino Freudenberg, president and CEO at Vinventions, said he was “very proud” to welcome the Goria Family and their Alplast wine screwcaps to the Vinventions Group.
“As we further accelerate our growth in wine screwcaps and inner-seal wine closures, this is the perfect moment for us to expand our wine screwcap collection and to add Alplast to our well-established House of Brands,” he said.
Francesco Goria, president at Alplast said the alliance would enable Alplast to focus on the production of more high-quality, cost-effective wine screwcaps.
“We will accelerate our investments into the innovation and production capacity for 30 x 60 wine screwcaps in Italy and delight our customers with even better screwcap closures, which are produced by Alplast and marketed globally by Vinventions,” he said.
Founded in 1953, Alplast S.r.l. also produces a wide range of aluminium caps for the spirits industry as well as for olive oils, vinegar, mineral water and soft drinks.
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