Sparflex and Enoplastic join forces to create ‘global leader’ in closures

Closure and packaging specialists Enoplastic and Sparflex have signed a strategic agreement to create a “global leader” in wine and spirits closure solutions.

According to a statement, shareholders of both companies have agreed to merge in order to gain a greater market share.

Italian firm Enoplastic was founded in 1957 and produces capsules, synthetic corks, screw caps and seals, all of which can be designed and customised for clients. Sparflex, based in Epernay in the Champagne region, was established in 1984, and makes a range of foils, wire hoods and capsules for the sparkling wine industry.

Private investment firm Cobepa, which has a majority stake in Enoplastic, the Moglia family, who are also investors in Enoplastic, and the Soutiran family, who founded Sparflex, will all continue to be “heavily involved” in the company.

Michele Moglia has been appointed the CEO of the new company, while Pascal Soutiran retains his current responsibilities for France and Spain.

A statement from both families noted: “This merger supports our strategy of being as close as possible to markets, and it expands and enriches our ranges of products and services.

“The pooling of our human and industrial resources strengthens our ability to innovate, to be attentive and to put forward proposals to our customers and give them access to an ever more creative offer which is better suited to their needs.”

The new company has 13 production sites across six countries and operates in over 90 countries.

Brands within the portfolio include Enoplastic, Sparflex, Le Muselet Valentin, Rivercap, Maverick, Vintacap and Pacifix.