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Friday, January 27, 2023

Vidrala grows in the United Kingdom with the purchase of a bottling company for 34 million

VidralaApart from this, the company making glass containers has announced acquisition -Through its UK division Ensarc – Powered by bottling facilities and logistics infrastructure Accolade Wines in Bristol, UK– known as ‘The Park’ – for a price of £30 million (approx. 34 million of Euro).

involves signing an agreement long term supply contract with Accolade Wines, one of the world’s leading wine producers, which will benefit both parties and ensure support for Accolade’s most iconic brands.

With this acquisition, the Vidrala Group moves a step further towards its objectives carbon footprint reduction of the company’s supply chain, as key to its sustainability strategy and in line with its science-based objectives.

In addition, this agreement will allow the company to provide a service more efficient supply chain and sustainable in the UK drinks market through Encirc.

sustainable facilities

‘The Park’ is positioned as one of the most advanced and sustainable facilities in Europe, and has the potential Production of over 30 million boxes 9 liters of wine per year. facilities do not produce waste and are emission neutral of CO2, thanks to the investment made in 2019, which opted for the installation of wind turbines to consume 100% renewable electricity.

Under the terms of the agreement, Encirc will acquire ‘The Park’ facilities and all associated facilities and equipment. related to employeesconsiders the agreement Encircling Maintaining its present conditions. Some employees will stay on as part of Accolade to provide company services, as well as to provide support to Encirc on a temporary basis. Furthermore, Accolade Vine is committed to making the transition as seamless as possible.

World Nation News Desk
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