Sidel Group acquires PET Engineering to strengthen and diversify packaging solutions portfolio
The acquisition was concluded on Oct. 11 in an effort to further expand PET Engineering's portfolio of packaging solutions
October 17, 2018
On October 11, the Sidel Group concluded the acquisition of PET Engineering Srl, further expanding the company’s portfolio of packaging solutions. “With packaging increasingly playing a key role in any marketing mix, we are confident that Sidel and PET Engineering’s complementary strengths in packaging design, qualification and blowing process will bring the Sidel Group more business opportunities while offering customers a diversified choice of partners to materialize their creative requirements,” comments Pavel Shevchuk, Executive Vice President Services, Sidel Group.
Founded in 1999 and based in San Vendemiano, Italy, PET Engineering has 40 employees. An agile, flexible company with a strong name in creative packaging design, PET Engineering has solid blowing process knowledge and expertise and enjoys a loyal global customer base. Their integrated approach between design, engineering and industrialization and the capacity to create a delicate balance between technical feasibility and creativity helped PET Engineering win prestigious packaging awards: to name but a few, last year the company has received the WorldStar Award in the Beverage category and, in 2018, the Golden A’ Design Award in Packaging Design.
Two strong players, more capabilities
“PET Engineering is perfectly established to help Sidel expand its packaging offering – especially regarding the design of containers for water, soft drinks, liquid dairy products and beer,” says PET Engineering CEO Moreno Barel. “Through this acquisition, we are also diversifying our packaging services portfolio to better meet our customers’ needs,” Pavel continues. “Packaging design has a critical impact on the whole supply chain efficiency and therefore is a key enabler of our brand promise – Performance through Understanding – and of the strategy behind it. This move will ultimately translate into solid value for the Sidel Group.”