News

31 December 2006

Acquisition in Australia

Established for over 30 years, Auscap is Australasia’s leading metal closure manufacturer for wine, spirit, beer and beverage industries and operates in the country through two plants located at Braybrook, Victoria and Acacia Ridge, Queensland.

Auscap sales exceeded A$50 million (around EUR 30 million) and achieved an unaudited EBITDA of approximately A$15 million (around Eur 9 million) for the twelve month period as of October 31, 2006.

The company employs 125 people and has fostered long term relationships with leading companies including Pernod Ricard Pacific, Constellation (Hardy Wine Company), Fosters and Lion Nathan.

We are also pleased to announce the opening of GlobalCap North America. The office is located in the heart of Napa Valley, California.

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