This acquisition sees GPA further establish itself as a global leader in luxury packaging and advances GPA’s goal of growing nearshore and onshore manufacturing capabilities. It creates a strong European foothold for GPA through Cosfibel’s key manufacturing facilities in Spain, Portugal and Belgium. This growth in presence is key to GPA’s strategy of helping clients shorten supply chains to increase speed-to-market, de-risk the supply of materials, and reduce carbon emissions.

Adam Melton, CEO of GPA, said: “I’m excited to welcome the Cosfibel team to the GPA family. Our global supply chain and manufacturing capabilities will enable us to better support Cosfibel’s customers and increases our prominence in the beauty and food sector, while furthering our leadership in wine and spirits.”