Acquisition of PET Engineering Srl
On October 11, the Sidel Group concluded the acquisition of PET Engineering Srl, further 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 materialise their creative requirements,” comments Pavel Shevchuk, Executive Vice President Services, Sidel Group.
Founded in 1999 and based in San Vendemiano, Italy, PET Engineering has 40 employees. The agile, flexible company with a strong name in creative packaging design has solid blowing process knowledge and expertise and enjoys a loyal global customer base. Their integrated approach between design, engineering and industrialisation and the capacity to create a delicate balance between technical feasibility and creativity helped them 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.