Orora Acquires Saverglass in a $2.2bn Deal

Who Are Saverglass?

Saverglass is a global frontrunner in the design, manufacturing, customisation, and decoration of high-end bottles, primarily catering to the premium and ultra-premium spirit and wine markets.

With a presence in over 100 countries, Saverglass has strategically located manufacturing operations across three continents. The company is renowned for its leading design and R&D capabilities, creating over 140 new customer models annually.

Saverglass has maintained an impressive 15-year relationship with its top 20 customers, showcasing its commitment and quality in the industry.

Startgeic Rationale

Orora said that the acquisition of Saverglass aligns perfectly with Orora’s global strategy, positioning them as a sustainable value-added packaging solutions player in the market.

This move will significantly enhance Orora’s core competencies in premium sustainable value-added beverage packaging.

Orora expects the strengths of the combined companies to unlock value-creation opportunities, with estimated near-term synergies of A$15 million. This synergy will arise from network optimisation, cost rationalisation, and operational efficiencies.

Moreover, the acquisition will leverage Orora’s existing distribution network, providing Saverglass with a platform to accelerate its growth prospects, especially in the North American wine and spirits market.


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