Sacmi Group sells its beverage business unit to Omnia Technologies
The Sacmi Group has announced the sale of its beverage business unit to Omnia Technologies, a global group with Italian roots that provides automation technology and expertise in the food, beverage and pharmaceutical sectors.
Once signed, the agreement is expected to be closed by the end of the summer. The move signals Omnia’s intent to create one of the world’s largest beverage packaging operators.
Omnia noted the main driver behind this operation is the portfolio of products and skills brought by Sacmi Beverage, which are “complementary to and synergistic” with the development plans of Omnia Technologies.
Sacmi Beverage has consolidated expertise in the stretch-blowing, filling and labelling processes for products such as mineral water, carbonated soft drinks, beer, wine and spirits. It said it enjoys a solid reputation and has seen its revenues grow steadily in recent years. Such capabilities therefore match those of Omnia Technologies and are strategically vital to growth plans.
The Sacmi Group has been a key player in the business since 2000 when it established SACMI Labeling; subsequent development of filling and stretch-blow moulding operations made Sacmi a global player in the design and sale of complete beverage plants.
Since entering the sector, the group has invested heavily in the business’s growth via a policy of strategic takeovers, consolidation, product range expansion and technological improvement. Business performance has been highly positive over the last few years.
Sacmi identified Omnia Technologies as the right partner to build on the work done in recent years, ensure continuity and create new development opportunities. Simplification of the businesses will allow Sacmi to focus on further growth in all the sectors in which the Group currently operates.
A shared vision, then, will be fundamental to the success of the operation and act as a backdrop to next steps: integration of the acquired skills and technologies, geographical continuity and a maintained focus on service and sustainability, aspects that both companies see as essential. The two teams shall work together closely in the transition phase.
For this operation Sacmi was aided by financial advisors Cavour Corporate Finance and by Mr. Antonio Tullio, lawyer and senior partner of the law firm Studio Tullio&Partners.
