Pelliconi & C. , one of the leading producers of metal and plastic caps for the beverage industry, confirms the acquisition of a majority stake in Oriental Containers Ltd.
Pelliconi & C. is one of the world’s leading manufacturers of crown corks, metal and plastic caps for the beverage industry and has production plants in Italy, Egypt, USA and China, with an aggregate annual production capacity of over 29 billion metal and plastic caps for the food and beverage.
Oriental Containers Limited is a leader in the manufacturing and trade of metal crown corks and plastics closures in the Indian beverage market.
Thanks to this transaction, Pelliconi expands its activities in the Indian Market, pursuing its strategy of growth in fast growing countries.
K Finance, Italian partner of Clairfield International, acted as exclusive financial advisor to Pelliconi.