Berlin Packaging has announced the acquisition of the Larissa, Greece based Elias Valavanis S.A. All employees and locations for this acquisition will be retained.

With locations in Bulgaria, Romania, and throughout Greece, Elias Valavanis has been synonymous with glass packaging in the region and is a key supplier of bottles and jars for olive oil, wine, spirits, soft drinks and water.

Elias Valavanis has long-term relationships with its supplier partners and its 1,500+ customers, who benefit from the company's value-added services, including package structural design, decoration capabilities and the company's own glass recycling facility.

"Elias Valavanis is the perfect partner for Berlin Packaging as we expand our operations to the Balkans and continue to augment our Mediterranean glass business," said Paolo Recrosio, CEO of Berlin Packaging Europe. "Elias Valavanis shares our passion for glass design and artistry and our commitment to help our customers grow their business by offering industry-leading packaging products and services."

"We take tremendous pride in all aspects of our business, and we know we've found a like-minded partner," said Elias Valavanis, "I am excited about combining our company with Berlin Packaging, as I know together, we can accelerate investments in our products, capabilities, and employees like never before."

This is the 15th acquisition that Berlin Packaging has completed in Europe since 2016, and its fifth acquisition in Europe during 2021.

BerlinPackaging.com