{"id":831,"date":"2024-07-15T06:36:47","date_gmt":"2024-07-15T10:36:47","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=831"},"modified":"2024-07-15T06:36:47","modified_gmt":"2024-07-15T10:36:47","slug":"colep-packaging-acquires-remaining-stake-in-alm","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=831","title":{"rendered":"Colep Packaging acquires remaining stake in ALM"},"content":{"rendered":"


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The global aerosol market has seen recent growth. Credit: curraheeshutter via Shutterstock. <\/figcaption><\/figure>\n<\/p><\/div>\n

Colep Packaging, a provider of packaging solutions, has announced the acquisition of the remaining stake in ALM, a Spanish aluminium aerosol manufacturer.\u00a0\u00a0<\/p>\n

The company purchased the remaining 60% shares of ALM, two years after acquiring a 40% stake in the company.<\/p>\n

The financial terms of the transaction have not been disclosed.\u00a0<\/p>\n

ALM, with more than 35 years of experience, specialises in producing aluminium packaging solutions for various industries, including food, beverage, cosmetics, personal care, and household care.\u00a0\u00a0<\/p>\n

The company is expected to achieve sales exceeding \u20ac16m ($17.46m) in 2024 and has plans to double its production capacity for aluminium aerosols by 2026.\u00a0\u00a0<\/p>\n

An expansion plan is also in place, which includes an investment of more than \u20ac15m.\u00a0<\/p>\n

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