Liqui-Box has announced plans to acquire Conotainer, a Madrid, Spain-based bag-in-box manufacturer that specializes in the wine and beverage segments across mainland Europe. A definitive agreement has been signed.
"We are pleased to welcome the Conotainer team to Liqui-Box,” says Ken Swanson, president and CEO of Liqui-Box. “This combination further extends our global reach and positions Liqui-Box perfectly to serve customers from multiple locations in Europe with best-in-class product and equipment technology."
Conotainer is a family-owned business, founded by Santos Ortega in 1994, and has developed strong relationships and a competitive offering across the European wine segment.
"Conotainer is very excited to become part of this growing, global packaging company," says Miguel Sanchez, general manager of Conotainer. "The Conotainer team has built a strong foundation with a great reputation in our markets, and we are thrilled to be joining Liqui-Box and looking forward to accelerating our growth."
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