Sidel acquires PET Engineering to “strengthen and diversify” plastics portfolio
18 Oct 2018 --- Sidel has completed the acquisition of PET Engineering Srl thereby expanding the company’s portfolio of packaging solutions. “With packaging increasingly playing a key role in any marketing mix, we are confident that Sidel and PET Engineering’s complementary strengths in packaging design, qualification and blowing process will bring the Sidel Group more business opportunities while offering customers a diversified choice of partners to materialize their creative requirements,” comments Pavel Shevchuk, Executive Vice President at Sidel.
Pavel Shevchuk tells PackagingInsights: “By acquiring PET Engineering, Sidel will expand its portfolio of packaging solutions to better meet a wider spectrum of customer needs, enhancing choice and intimacy while also delivering on the critical impact packaging design has on the whole supply chain efficiency.”
“This is ultimately why packaging is a key pillar of our Performance through Understanding promise and of the strategy behind it. This acquisition will certainly translate into solid value for the Sidel Group.”
“PET is one of the most widely used consumer plastics. The advantages of PET as a packaging material are numerous: It is strong, unbreakable, light, transparent, safe, and above all 100 percent recyclable,” Shevchuk continues.
“As a lightweight material, PET offers considerable environmental advantages in the form of lower transport costs and reduced fuel emissions. Its unique geometric properties and inherent barrier properties, together with its design flexibility, have enabled liquid packaging manufacturers to use less and less material in the packaging process while optimizing energy use.”
“These processes also help reduce waste and improve sustainability measures. We are confident that Sidel and PET Engineering’s complementary strengths in packaging design, qualification and blowing process will bring the Sidel Group more business opportunities while offering customers a diversified choice of partners to materialize their creative requirements,” he concludes.
Founded in 1999 and based in San Vendemiano, Italy, PET Engineering has 40 employees. An agile, flexible company with a strong name in creative packaging design, PET Engineering has solid blowing process knowledge and expertise and enjoys a loyal global customer base, Sidel reports.
PET Engineering’s integrated approach between design, engineering and industrialization and the capacity to create a delicate balance between technical feasibility and creativity helped PET Engineering win prestigious packaging awards: to name but a few, last year the company has received the WorldStar Award in the Beverage category and, in 2018, the Golden A’ Design Award in Packaging Design.
“PET Engineering is perfectly established to help Sidel expand its packaging offering – especially regarding the design of containers for water, soft drinks, liquid dairy products and beer,” adds PET Engineering CEO Moreno Barel.
By Joshua Poole, with additional reporting from Laxmi Haigh
