{"id":4095,"date":"2024-12-02T10:03:55","date_gmt":"2024-12-02T15:03:55","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=4095"},"modified":"2024-12-02T10:03:55","modified_gmt":"2024-12-02T15:03:55","slug":"guala-closures-acquires-remaining-30-stake-in-guala-closures-bulgaria","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=4095","title":{"rendered":"Guala Closures acquires remaining 30% stake in Guala Closures Bulgaria"},"content":{"rendered":"


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Guala Closures\u2019 global network includes more than 200 IP rights. Credit: bogubogu via Shutterstock.<\/figcaption><\/figure>\n<\/p><\/div>\n

Guala Closures, a provider of closure\u00a0systems specifically for spirit packaging, has acquired the remaining 30% stake in Guala Closures Bulgaria.<\/p>\n

The acquisition strengthens Guala Closures\u2019 position as a key player in the luxury closures sector.<\/p>\n

Guala Closures president Gabriele Del Torchio said: \u201cThis acquisition aims to strengthen Guala Closures\u2019 presence in the luxury closures segment, those closures designed to enhance the distinctive identity of each brand by embodying aesthetics, design, and functionality, thanks to the combination of premium materials and cutting-edge production technologies promoted by our R&D [research and development] centres.\u201d<\/p>\n

Guala Closures acquired the Bulgarian facility in 2010 and it has since played a significant role in the company\u2019s global operations.<\/p>\n

The facility employs more than 270 people and recorded a growth of over 40% over the past four years.<\/p>\n

The facility\u2019s strategic importance is underscored by its role as a hub for producing luxury closures, leveraging specialised materials such as glass, wood, ceramics, and zamak.<\/p>\n

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