We are pleased to announce that San Miguel Yamamura Australasia Pty Ltd (“SMYA”) will be acquiring Portavin Holdings Pty Ltd and its subsidiaries. This purchase will be completed early 2017.
This acquisition is in line with the growing confidence of both companies in the Australian wine industry and related packaging businesses in both the domestic and overseas markets.
All stakeholders can be assured of “business as usual” and the continuing high standard of products and service from the Portavin group of companies. This will be enhanced further given SMYA’s extensive packaging offering and experience through its Australian companies, Cospak and Vinocor.
I will be continuing as General Manager of Portavin reporting directly to Mr Rene Cabrera, Managing Director of SMYA, and will continue to work with the same management team.
We are very pleased and excited to be a part of the San Miguel Yamamura Australasia family.