The Group strengthens its footprint in India with local production of metal closures, including aluminum, premium and high-value solutions for spirits, as well as crown corks for beer and soft drinks.
Guala Closures has reached an agreement to acquire, through its subsidiary in India, the metal closures division (crown corks and ROPP closures) of Oricon Enterprises, a leading publicly listed Indian company with diversified business interests. Oricon Enterprises’ packaging division – Oriental Containers – is a well-known international player and a market leader in India, supplying closure solutions to over 100 customers in more than 20 countries. As of March 2025, the division generated Euro 12 million in revenue over the last twelve months (LTM).
Guala Closures has been present in the Indian market since 1994 with a focus on plastic safety closures. With this transaction, the Group significantly expands its market potential in the country. This strategic acquisition marks a major step in the Group’s development of its global crown closures division, launched in 2024 following the acquisitions of Astir Vitogiannis and Coleus, and establishes local production capabilities in India, where the beer and soft drink sectors continue to experience robust growth.
In parallel, Guala Closures will expand its premium and high-value aluminium closure range for the Indian spirits market, with locally manufactured ROPP closures and anti-counterfeiting solutions tailored to the high-end segments. This move will significantly strengthen Guala Closures’ industrial and commercial presence in India while further extending its reach throughout the broader Asia-Pacific region.
The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close in the fourth quarter of 2025.