ITALY – Glassware maker, Bormioli Luigi has absorbed Bormioli Rocco with the expectation of accelerating its growth and development in the glass sector.
Bormioli Luigi is one of the largest glass companies in Italy and operates internationally, producing glass bottles for the perfumery and luxury bottles sectors, amongst other products and markets.
It possesses four production plants in Italy and one in Spain, with commercial subsidiaries existing in the USA, Spain, Germany, France, Brazil, and various Asian countries.
The merger will amplify cultures and synergies associated with heterogeneous businesses. Company management will benefit from more integrated processes that are both agile and flexible, to the benefit of the organization’s profitability.
Among the many advantages, the merger will also offer the opportunity to enhance the effectiveness of strategic research, using advanced IT systems.
The transformation will concern not only production and marketing but also human resources, finances and various supplies.
Additionally, advanced IT systems are set to be used to enhance the effectiveness of strategic research – a move expected to benefit production, marketing, human resources, finances, and supplies alike.
Bormioli Luigi also manufactures Coverpla’s glass Gala bottles, which have been redesigned into a refillable screw neck to package Essential Parfums’ ‘sustainable’ fragrance line.
In 2017, Bormioli Luigi acquired Bormioli Rocco in partnership with the European investment firm Triton.
The two business divisions have been running independently of each other since then. Under the term of acquisition, Bormioli Luigi acquired the tabletop division and Triton acquired the pharmaceutical division.
“With the historical acquisition of Bormioli Rocco tableware, Bormioli Luigi will expand the perimeters of its organizational and material resources in order to develop original and virtuous ways of doing business in glass, to the advantage of client’s interests leveraging on both companies’ knowledge, culture and capabilities,” Alberto Bormioli, president of Bormioli Luigi said at the time.
Bormioli Rocco, established in 1825, is a glass tabletop manufacturer as well as a leader in Italian pharmaceutical packaging, which are two separate business units.
The company has eight manufacturing plants, two decoration ateliers, several subsidiaries and seven branded tabletop stores.
It employs more than 2,000 people and has annual revenues of €440 million, or US$463 million, according to a statement.
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