Italian closure maker Enoplastic and France's Sparflex signed a strategic agreement to merge and create a global leader in wine and spirits closures. The combined company has 13 production sites across six countries.
Italy's Enoplastic and France's Sparflex agreed a strategic merger to create a global leader in wine and spirits closures, with 13 production sites in 6 countries and a commercial presence in more than 90 countries. Investment firm Cobepa and the Moglia and Soutiran families remain shareholders.
Belgian private equity firm Cobepa bought a majority stake in Enoplastic, which makes capsules and caps for bottles in the Varese province of Italy, from the Macchi and Moglia families. Michele Moglia and Samo Kalin will continue to manage the company.