Sidel acquires COMEP to boost PET moulds and tooling offering

PET liquid packaging provider Sidel has acquired Cognac Moules Emballages Plastiques (COMEP), a French producer moulds for PET, for an undisclosed fee.

COMEP designs and manufacturers over 4,000 moulds for PET bottles per year for global customers. Sidel is looking to harness COMEP’s complementary expertise to bring more commercial opportunities.

Pavel Shevchuk, executive vice president services, Sidel, said: ““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 moulds to the beverage industry.

“Today, by acquiring COMEP, we enlarge our set of capabilities even further and extend our mould and tooling portfolio to offer complete packaging solutions to our clients. Packaging, indeed, is a key differentiator for our customers. COMEP is also perfectly complementing Sidel’s strong mould-manufacturing know-how.”

Christophe Amarant, COMEP chief executive, added: “We are confident that each company’s expertise will prove key in meeting the growing need for complete packaging solutions this industry is showing. We, in turn, are joining a leading, global player in the packaging design and manufacturing industry.”