Italian arm of Guala Closures, a major player in the closure industry, acquires unit from Oricon Enterprises in India
In a significant move for the packaging industry, Guala Closures India Private Limited has acquired the metal closure unit of Oricon Enterprises through a slump sale valued at approximately Rs 42.50 crores (about $4.85 million) in 2025. This acquisition includes Oricon’s metal crown cork and roll-on pilfer-proof (ROPP) closures operations and establishes local metal closure production capabilities in India.
Background
Oricon Enterprises, a multinational company involved in manufacturing, trading, and selling metal crown seals, roll-on pilfer-proof closures, collapsible tubes, and engaging in real estate, trading, and investment activities, operates in more than 20 countries. Its packaging division, Oriental Containers, provides closure solutions to over 100 customers in more than 20 countries and generated approximately Rs 122 crores (€12 million) in revenue in FY25.
For Guala Closures, the parent company that operates in over 100 countries with 37 production facilities, this acquisition expands its product portfolio into metal closures, particularly crown corks and ROPP closures.
Rationale for the Acquisition
Oricon Enterprises sold the metal closure unit to capitalize on its core businesses and pursue new growth opportunities. The metal closure unit contributed about 20.75% of Oricon's business with revenues of Rs 110.5 crores in FY25. For Guala Closures, the acquisition forms part of its recently launched global crown closures division and aligns with its aim to grow its presence in the Indian beverage and packaging market.
Impact of the Acquisition
The acquisition gives Guala Closures local manufacturing capacities for metal closures in India, improving supply chain efficiency and responsiveness to the growing local demand, especially in beer, soft drinks, and premium spirits. It also broadens Guala Closures’ product range by enabling expansion of its aluminum closure offerings with anti-counterfeiting features tailored for high-end spirits market segments.
This expands Guala Closures’ industrial and commercial footprint not only in India but also positions it strongly for broader reach across the Asia-Pacific market. Oricon, on the other hand, benefits by focusing on its core business areas beyond metal closures, potentially improving overall capital allocation and business focus.
Future Opportunities
With local production, Guala Closures can better serve India’s expanding beverage sectors and capitalize on the increasing demand for premium and secure packaging solutions. The acquisition facilitates potential growth in export markets from India, leveraging India as a regional hub. Guala Closures can innovate further in high-value, anti-counterfeiting metal closures, enhancing product differentiation in competitive markets.
The deal supports Guala Closures’ strategic growth plans following other recent acquisitions, such as Astir Vitogiannis and Coleus, strengthening global leadership in crown closures.
The transaction was subject to regulatory approvals with expected closing in Q4 2025. It was advised exclusively by Singhi Advisors to Guala Closures India.
It's worth noting that Guala Closures India's revenues in 2023-24 were Rs 576.9 crores, a decrease from the previous year’s Rs 675.4 crores. Oriental Containers, a division of Oricon Enterprises, generates revenue in the tens of millions of euros. Guala Closures has over 200 patents to its name.
The acquisition by Guala Closures India bolsters their business operations and finance, as they expand their product portfolio into metal closures and augment local production capabilities in the fast-growing Indian market. In tandem, Oricon Enterprises, following the sale of its metal closure unit, is better positioned to focus on its core businesses and seek new growth opportunities in the finance and industry sectors.
