Guala buys Australian screwcap maker

Guala Closures is continuing its buying spree – which has seen it acquire five firms within the last 18 months – with the purchase of Australian screwcap manufacturer ASA. Its most recent purchase was four months ago when it bought a 70% stake in Polish company DGS. Guala Closures, headquartered in Italy, makes non-refillable closures for the spirits, wine, beverages, oil and the pharmaceutical industry. It employs 3,500 people at 25 manufacturing plants worldwide, and sells its products in over 100 countries, reports Harpers Wine & Spirit.