US-based Barry-Wehmiller has acquired Arcil, a French provider of packaging technology to dairy and food markets.
Arcil, which employs about 350 people at its two operating units in Paris, has generated revenues of $120m in 2013.
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With the acquisition, Barry-Wehmiller is said to extend its packaging platform to six separate companies that are operational within the global yoghurt industry.
Said to be Barry Wehmiller’s first within France, the purchase will also increase the capital equipment and engineering consulting firm’s reach within the industry.
Barry-Wehmiller CEO Bob Chapman said Arcil’s technological leadership and market position will extend the company’s capabilities in the global fresh dairy market.
Chapman said,"Arcil’s expertise in providing cutting-edge, efficient packaging solutions is highly complementary to our diverse portfolio of packaging companies.
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By GlobalData"We are pleased to bring our people-centric leadership practices to our new team members."
Arcil CEO Eric Lesbats said the company hopes to enhance its past success with the experience of Barry-Wehmiller.
"We are confident that Arcil will be further strengthened within the Barry-Wehmiller culture and our market position in global markets will grow," added Lesbats.
According to Barry-Wehmiller, Arcil represents the company’s 65th acquisition and through its combination of acquisition and organic growth initiatives, it expects its 2014 revenues to reach approximately $1.7bn.
Barry-Wehmiller, through its nine business divisions, is engaged in supplying engineering consulting and manufacturing technology solutions to packaging firms.
Arcil provides form-fill-seal equipment that use heat to transform plastic film into custom-formed cups, which are filled, and then sealed, within integrated lines.
The packaging machines of Arcil are said to be sold in more than 40 nations across the world.
