# Amorim acquires 60% of French cork stopper maker Bourrassé

Portugal's Amorim acquired a 60% stake in Bourrassé, a cork stopper producer based in Tosse, Landes, for EUR 29 million. Amorim holds an option on the remaining capital until 2022.

- Type: Acquisition
- Announced: 2018-01-24
- Where: Tosse, Landes, France
- Value: $35.4M (29.0M EUR)
- Status: announced
- Capacity: 700 million stoppers per year
- Products: cork stoppers
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Amorim](https://endata.com/companies/2723.md) (acquirer)
- [Bourrassé](https://endata.com/companies/2724.md) (target)

## Sources

- [larvi.com](https://larvi.com/amorim-acquiert-60-de-bourrasse/), 2018-01-24: "Le fabricant portugais de bouchons en liège Amorim acquiert 60 % de Bourrassé"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.