SMC snaps up third Aussie bottler
San Miguel Corp., through its international packaging business San Miguel Yamamura Packaging International Ltd., has acquired Best Bottlers Pty Ltd (Best Bottlers), further expanding its foothold in the Australasian region.
The deal marks SMC?s third s acquisition in Australia after Barossa Bottling and Portavin.
Located in Victoria, Australia, Best Bottlers is a wine bottling and packaging facility specializing in various formats of contract filling, including still and sparkling wines, cider, ready-to-drink and non-alcoholic beverages, including fruit juices.
Best Bottlers is the fifth acquisition in the region serving the wine industry. In the prior years, the packaging group acquired the assets of Endeavor Glass of New Zealand, and the cork and wine closures business of Vinocor, and Cospak, another major packaging provider.
?As domestic and export demands grow, we continue to look for synergies and more opportunities for our packaging business,? said Ramon S. Ang, president and COO of SMC.
The group is building a new glass plant in Cavite, slated to be operational by the end of 2018.
?Other than glass, we also see the potential to grow other packaging formats like cans, plastics, and tolling businesses,? Ang added.