Liqui-Box to acquire Spain’s Conotainer
By Canadian Packaging staffGeneral Bagging/Weighing Conotainer Liqui-Box Corporation
Virginia, U.S.A.’s Liqui-Box sees the acquisition as a means to create significant manufacturing leverage across Europe utilizing its Maverick brand of bag making equipment and innovative products to better serve customers.
RICHMOND, VA—Liqui-Box Corporation, a world leader in flexible liquid packaging solution located in Richmond, Virginia, U.S., has agreed to purchase Conotainer, a Madrid, Spain-based company that is a leading manufacturer of bag-in-box products specializing in the wine and beverage segments across mainland Europe.
Liqui-Box president and chief executive officer Ken Swanson says, “We are pleased to welcome the Conotainer team to Liqui-Box. This combination further extends our global reach and positions Liqui-Box perfectly to serve customers from multiple locations in Europe with best-in-class product and equipment technology.”
Liqui-box says it will use its Maverick bag making equipment to better serve customers in Europe.
Conotainer is a family-owned business, founded by Santos Ortega in 1994, and has developed strong relationships and a competitive offering across the European wine segment.
“Conotainer is very excited to become part of this growing, global packaging company,” Conotainer general manager Miguel Sanchez. “The Conotainer team has built a strong foundation with a great reputation in our markets, and we are thrilled to be joining Liqui-Box and looking forward to accelerating our growth.”
Company information at www.liquibox.com.