Tetra Pak has acquired Switzerland-based Miteco, a leading provider of production solutions for soft drinks, fruit juices and liquid food, with a particular strength in carbonated soft drinks.
The acquisition will extend Miteco’s current global reach, thanks to Tetra Pak’s established business presence in more than 170 countries worldwide, the company says.
“The acquisition of Miteco positions Tetra Pak as a world leader in production solutions for carbonated soft drinks, with an unrivalled product portfolio backed by strong technical support and broad geographic presence,” says Tim High, executive vice president, Tetra Pak Processing Systems.
The move also extends Tetra Pak’s beverage production capabilities in a number of key areas, including sugar handling, dissolving, refining, mixing and blending beverage ingredients, providing “an important complement to our existing portfolio of processing solutions”, High adds.
Established in 1982, Miteco is a privately held company with 70 employees across sites in Switzerland, Italy, the UK and South America.
www.tetrapak.com
