THE WHAT? Berlin Packaging has announced the acquisition of Gerfran SAS, its 18th such deal in the EMEA region since 2016. Terms of the deal were not disclosed, although it was noted that all employees and locations would be retained post-purchase.
THE DETAILS “We are delighted to be part of the Berlin Packaging family. Indeed, by combining our expertise, I am confident that we can achieve great things for our customers and supplier partners,” said Lionel Fruh, President of Gerfran.
THE WHY? Bill Hayes, Global CEO and President of Berlin Packaging, explains, “Targeted acquisitions such as Gerfran are a key component of our European growth strategy. This addition strengthens our position in the wine packaging market in France and across Europe.”