United Caps says that the deal acts to extend its own product portfolio, particularly within its closures used for edible oils and vinegars, which are typically popular in the Southern European market.
Embalatap offers a complementary product line that will now be marketed under the United Caps brand, such as its mono piece and hinge models for PET 29/21 neck finish as well as regional specialities like the 32mm and 42mm closures for edible oils.
“We are pleased to be joining the United Caps family,” said Oscar Rojo, managing director of Embalatap. “As a market leader in caps and closures, United Caps brings us additional market reach, an expanded sales capability and a great support infrastructure, while our line of closures, especially for edible oils, extends United Caps’ portfolio in this lucrative market. We look forward to continued growth as part of United Caps.”
Embalatap, based in Sopelana, Spain, was founded in 1973 and has a turnover of €5.6 million ($6.9m). It is understood that Embalatap’s custom-designed caps and closures solutions have propelled growth since its rebranding in 2015, with the company producing in excess of half a billion caps and closures annually.
United Caps commented that all 30 Embalatap employees will keep their jobs and join the company, in addition to the Sopelana facility remaining operational.
Benoît Henckes, chief executive of United Caps, said: “By incorporating Embalatap solutions into our portfolio, we give customers a one-stop shopping experience for a broader range of closure solutions. Since there is virtually no overlap in customers or product lines we don’t anticipate discontinuing products from either company in the near term.”