Berlin Packaging has completed its acquisition of Novio Packaging Group B.V., a Netherlands-based supplier of plastic packaging with expertise in personal care, pharmaceutical, food and sports nutrition verticals. The addition of Novio Packaging to Berlin Packaging's existing European companies, comprised of specialty glass market leader Bruni Glass, closure experts Bruni Erben and four other companies acquired in 2019 creates the continent's first packaging supplier for all markets and substrates.
Berlin Packaging announced a definitive agreement to acquire Novio Packaging in October.
The combined businesses will end 2019 with annual sales in excess of $1.5 billion, more than 130 sales and warehouse locations across North America and Europe, and a portfolio of more than 40,000 glass, plastic, and metal container and closure items.
"Having completed four European acquisitions and four seamless integrations in 2019, we are confident that adding Novio Packaging will benefit our customers, suppliers, and employees alike," Bruni Glass CEO Paolo Recrosio said in a statement. "There are so many synergies between our two wonderful companies, and we know there will be no disruption during the integration process."
Berlin Packaging Executive Chairman Michael Grebe added: "As with our company, Novio Packaging's strong performance is a testament to their creative solutions, strong supply chain, and emphasis on exceptional customer service. By combining the strengths of both companies, this acquisition helps us meet our high growth goals and solidifies our position as the largest, most comprehensive, and most customer-focused rigid packaging supplier on two continents."