San Miguel packaging  unit buys Australian bottling firm

July 13, 2017

San Miguel Corp. (SMC) announced that its international packaging business, San Miguel Yamamura Packaging International Ltd. (SMYPIL), through its Australian subsidiary, San Miguel Yamamura Australasia Pty Ltd, has acquired Barossa Bottling Services Pty Ltd (Barossa) of Australia. Barossa is a specialist and independent contract wine bottling and packaging facility serving artisan wineries in South Australia. As part of SMC packaging arm’s continued venture in the Australasian region, the SMYPIL group acquired the assets of Endeavour Glass Packaging Ltd. in New Zealand, and 100% shares in Portavin in Australia earlier this year. The packaging group also acquired the cork and wine closures business of Vinocor in 2015, and Cospak, another major packaging provider from the region in the prior years. With this new acquisition, SMC’s packaging group expects the contribution of its Australian and New Zealand businesses to be close to 300 million Australian dollars. “We remain bullish on the Australasian market and will continue to look for bigger and better opportunities in that region. In the meantime, our Philippine operations will continue to expand to meet growing domestic and export demands,”  SMC President and Chief Operating Officer Ramon Ang said. DMS