This means that family-owned global manufacturing company BERICAP will acquire 100 percent of the shares in BCNA. The joint venture, founded in 1997 as a 50:50 partnership between BERICAP and Amcor in Burlington, Ontario, has grown to become a successful business with annual revenue of USD 200 million.
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(Photo credit: BERICAP)
Acquisition
BERICAP takes full ownership of BERICAP North America and strengthens its presence on the North American continent
BERICAP has announced an agreement to acquire the 50% stake in BERICAP North America (BCNA) held to date by Amcor Rigid Packaging.
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BCNA operates three production facilities located in the USA (Cowpens, South Carolina), Canada (Burlington) and Mexico (Mexico City) and offers the complete BERICAP closures portfolio for the food, beverage and industrial markets. The acquisition of the shares in BCNA is the most significant investment in the company’s almost 100-year history and demonstrates its strong commitment to the North American market.
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