MILAN, Italy — Berlin Packaging, the world's largest hybrid packaging supplier, has announced the acquisition of Vinkova B.V., a Netherlands-based glass packaging supplier with expertise in food and beverage verticals. This strategic transaction, which marks Berlin's eighth acquisition in Europe since 2016, strengthens the company's glass offering in northern Europe.
As the Dutch supplier of glass packaging for 50+ years, Vinkova has built strong relationships with thousands of customers and leading European glass manufacturers.
With Berlin Packaging's 40,000+ SKUs, 130+ sales and warehouse locations, and world-class design and innovation centers on two continents, Vinkova's customers now have access to this expanded packaging offering. Vinkova's suppliers can expect bottom line growth, as the combined company now has a salesforce of 150+ people.
"We are thrilled to be a part of the Berlin Packaging family, and I know this new partnership will bring tremendous opportunity to our customers, suppliers, and employees," said André Rombout, Director of Vinkova. "This is a case of a strong company becoming stronger, as we can now be a market leader across all categories."
"This is great news for our company, and for all our business partners too," added Ruben van der Zouw, Vinkova's commercial director. "They will all benefit from the strong capabilities the Berlin Packaging Group has to offer. The Vinkova team is ready to start this new chapter in our history."
"Acquiring an established food and beverage packaging supplier provides tremendous cross-selling opportunities for our high-end specialty glass in northern Europe," said Paolo Recrosio, CEO of Berlin Packaging Europe.
"Continued expansion in Europe is a central tenant of Berlin Packaging's overall growth strategy," said Bill Hayes, CEO and President of Berlin Packaging. "Beyond solidifying our northern European positioning, this acquisition gives us the ability to help customers of all sizes and market segments increase their bottom lines and strengthens our supplier partnerships, as we continue to grow our businesses together."
All employees and locations are being retained. Financial details were not disclosed.