San Miguel acquires Australian wine packaging supplier
SAN MIGUEL Corp. (SMC) has expanded its packaging business in the Australasian region with the acquisition of an Australian supplier of wine bottle closures and customized bottles. In a statement, the country’s most diversified conglomerate said San Miguel Yamamura Packaging International Ltd. (SMYPIL) — through its new Australian unit, SMYV Pty. Ltd. — has completed the purchase of Vinocor Worldwide Direct Pty. Ltd. The Adelaide-based Vinocor makes cork, screw caps, customized glass bottles and champagne hoods and capsules.