Goglio Acquires Cristal Embalagens, Strengthening Its Position in South America

Image of flexible coffee bag surrounded by coffee beans — Image Credit: jannoon028 via magnific

Goglio, an internationally recognized leader in flexible packaging, has announced the acquisition, through its Brazilian subsidiary Mega Goglio, of 100% of Cristal Embalagens, a company specializing in flexible packaging production based in Morro da Fumaça, in the state of Santa Catarina (Brazil).

Founded in 1999, Cristal Embalagens specializes in developing and manufacturing flexible packaging for numerous sectors, including cereals, pet food, baked goods, and personal hygiene and personal care products.

Goglio notes that Cristal Embalagens has more than 27 years of activity and operates a plant with 20,700 square meters of built surface area on a total site of 254,000 square meters.

“The deal will generate significant synergies through the integration of expertise and the strengthening of production capacity,” Goglio says. “In particular, Goglio's leadership in the coffee sector will be further consolidated through an expanded industrial presence in Brazil — a strategic country for the global coffee supply chain and the world's leading producer of green coffee — where the Group has had a commercial presence for around 15 years and a production presence since 2023, following the acquisition of Mega Embalagens (now Mega Goglio).”

At the same time, Goglio notes, the integration with Cristal Embalagens will broaden the range of flexible packaging solutions for fast-growing sectors, including pet food, leveraging complementary expertise and creating new development opportunities in international markets.

With the completion of the acquisition, Mega Goglio takes full control of Cristal Embalagens.

"This deal consolidates our presence in Latin America and strengthens the Group's competitiveness internationally, allowing us to be even closer to our customers and to support their growth with increasingly efficient and responsible solutions," said Franco Goglio, Chairman and CEO of Goglio S.p.A. "We are particularly pleased to continue this journey alongside the Graf/Wallauer family. Over the years we have built a relationship of genuine collaboration and strong mutual esteem, elements that are translating into extraordinary results for our growth in Brazil."

Goglio says the operational activities, processes and customer relationship channels of both companies will remain unchanged, ensuring continuity throughout the integration process.

“At the same time, the union of the two companies will make it possible to leverage complementary expertise and accelerate investment in innovation, product development, technology, and operational efficiency, offering the market increasingly comprehensive, high-performance solutions,” Goglio says.

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

The Packaging Strategies editorial team comprises Brad Addington, Chief Editor, Chloe Alverson, Associate Editor, and Douglas J. Peckenpaugh, Director, Content Strategy.