Sidel acquires COMEP to expand its molds and tooling offering

Packaging solutions for beverage industry

182

On 18 July 2019, Sidel announced the acquisition of Cognac Moules Emballages Plastiques (COMEP), a French producer and designer of molds for PET.

COMEP was created in 1998 to focus on the design and manufacturing of molds for PET bottles. Based in Salles-d’Angles, France, with more than 20 years of experience in this industry, COMEP produces over 4,000 molds per year for customers around the world. With around 60 employees, they were a first in the low blowing pressure technologies.

We are confident that Sidel’s and COMEP’s complementary expertise will bring us more commercial opportunities while offering customers an optimal choice of partners, who are able to serve their requirements,” states Pavel Shevchuk, executive vice president – Services, Sidel.

Expanding the packaging segment

With this move, we are continuing on the journey we started back in October 2018. Then, we enriched Sidel by acquiring PET Engineering, which provides brand strategy and design consultancy, packaging design as well as line conversion services and molds to the beverage industry.

By acquiring COMEP, we enlarge our set of capabilities even further and extend our mold and tooling portfolio to offer complete packaging solutions to our clients. Packaging is a key differentiator for our customers. COMEP also perfectly complements Sidel’s mold-manufacturing know-how,” says Shevchuk.

COMEP and Sidel will remain focused on their adapted go-to-market strategy to leverage their respective capabilities while offering a full set of packaging services to companies bottling their products in PET. “We are confident that each company’s expertise will prove fruitful in meeting the growing need for complete packaging solutions this industry is showing. We are joining a leading, global player in the packaging design and manufacturing industry,” adds Christophe Amarant, COMEP’s chief executive officer.

COMEP will represent a separate channel to market for molds and tooling. This means that the company, along with Sidel, will take distinct commercial approaches while sharing best practices and capitalizing on efficiencies whenever possible.

The impact, resilience, and growth of responsible packaging in a wide region are daily chronicled by Packaging South Asia.

A multi-channel B2B publication and digital platform such as Packaging South Asia is always aware of the prospect of new beginnings and renewal. Its 16-year-old print monthly, based in New Delhi, India has demonstrated its commitment to progress and growth. The Indian and Asian packaging industries have shown resilience in the face of ongoing challenges over the past three years.

As we present our publishing plan for 2023, India’s real GDP growth for the financial year ending 31 March 2023 will reach 6.3%. Packaging industry growth has exceeded GDP growth even when allowing for inflation in the past three years.

The capacity for flexible film manufacturing in India increased by 33% over the past three years. With orders in place, we expect another 33% capacity addition from 2023 to 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels have grown similarly. The numbers are positive for most of the economies in the region – our platform increasingly reaches and influences these.

Even given the disruptions of supply chains, raw material prices, and the challenge of responsible and sustainable packaging, packaging in all its creative forms and purposes has significant headroom to grow in India and Asia. Our context and coverage engulf the entire packaging supply chain – from concept to shelf and further – to waste collection and recycling. We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers.

In an admittedly fragmented and textured terrain, this is the right time to plan your participation and marketing support communication – in our impactful and highly targeted business platform. Tell us what you need. Speak and write to our editorial and advertising teams! For advertisement ads1@ippgroup.in , for editorial info@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna

Subscribe Now
unnamed 1

NEWSLETTER

Subscribe to our Newsletter

As 2023 begins and FY 23-24 unfolds, will you support us?

What lies in store for the packaging industry in India and South Asia this coming year? Inflation, disruption of supply chains or environmental regulation? Or the resumption of high rural demand, continued investment and industry consolidation? Whatever happens, Packaging South Asia will be there, providing clarity and independent technical and business information in India and South Asia and around the world. We are a compact Indian organization bringing a window of fair and rigorous technical and business information that the industry can access this year and beyond. Please support us with your advertising and subscriptions, to keep us going and growing.

Thank you.

LEAVE A REPLY

Please enter your comment!
Please enter your name here