The acquisition of Juvasa will enable Berlin Packaging to expand its footprint in Iberia and the Canary Islands as well as add new design and e-commerce capabilities
Berlin Packaging has agreed to acquire Spain-based Juvasa Group. (Credit: Gerd Altmann from Pixabay)
Hybrid packaging supplier Berlin Packaging has acquired Spain-based Juvasa Group for an undisclosed sum.
Based in Sevilla, Juvasa is a group of companies involved in the supply of glass, plastic and metal packaging for the food and beverage industry.
Juvasa Group CEO Jesús Valle Sánchez said: “We are confident that our relationship with Berlin Packaging will enable us to bring even more value to our customers and strengthen our position as a market leader in Iberia and beyond.”
Juvasa group was formed by Juan Valle Santos in 1987 to meet the requirements of glass jars to market his honey.
Led by Jesús Valle, the Juvasa Group currently supplies bottles and jars for olive oil, wine, spirits, sauces, vegetable preserves and honey.
At present, the group has more than 3,000 products in a multitude of glass, plastic, cardboard and tin containers.
With an extensive commercial presence and logistical capabilities, the group has locations across Spain, Portugal and the Canary Islands.
Via its Avanza Packaging in-house design studio, the Juvasa Group also provides custom packaging design services to its customers.
The acquisition of Juvasa will allow Berlin Packaging to expand its footprint in Iberia and the Canary Islands, as well as add new design and e-commerce capabilities.
Berlin Packaging EMEA CEO Paolo Recrosio said: “With the addition of the Juvasa Group, Berlin Packaging is by far the largest packaging distributor in Iberia, a crucial market in Europe.
“More importantly, our combination with the Juvasa Group allows us to offer even more products and services to our customers, helps our suppliers continue to grow their businesses, and creates more career opportunities for our employees.”
Berlin Packaging stated that Juvasa is the company’s 16th acquisition in Europe, Middle East, and Africa (EMEA) region since 2016 and its sixth acquisition in EMEA during this year.
Under the deal, Berlin Packaging has retained all employees and locations of the Juvasa Group.
In May this year, Berlin Packaging acquired Raepak, which supplies its plastic packaging products for the customers in the cosmetics and personal care end-markets.