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July 26, 2005
Packaging Equipment
Manufacturer Sold To Tetra Laval
Seattle, WA, USA--(Jobwerx News)--Simonazzi will be integrated into Sidel
particularly in the beer packaging sector.
On July 25, 2005, the European Commission approved Tetra Laval’s acquisition
of Simonazzi from the SIG Group.
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Present in 20 countries, Simonazzi designs, produces and sells filling
and labelling equipment in addition to complete bottling lines for packaging
liquid foods in plastic and glass bottles as well as drink cans. Simonazzi
posted sales in 2004 of € 320 million and has 1,500 employees.
Upon closing of the acquisition of Simonazzi, these activities will be
integrated into Sidel, one of Tetra Laval’s three industry groups. Simonazzi
complements and expands the activities of Sidel, particularly in the beer
packaging sector.
- We are very pleased that the European Commission so rapidly cleared
this acquisition and will now move ahead to finalise the acquisition and
start the integration of Simonazzi into Sidel, says Larry Pillard, Chairman
of the Tetra Laval Group.
The Tetra Laval Group is a private held industrial group of Swedish origin,
headquarted in Switzerland. Operational activities within Tetra Laval
is organised into three autonomous industry groups, each group being world
leader in its respective area:
Tetra Pak develops and manufactures processing equipment and carton packaging
systems for food products.
DeLaval is a full-service supplier to dairy farmers. The company develops,
manufactures and market equipment and complete systems for milk production
and animal husbandry. Sidel develop and manufacture plastic packaging
equipment. Its services extend from the design of bottles to the engineering
of complete bottling lines.
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