Glassware mould manufacturer Metra has taken over the technical assets and buildings of CVML in Blangy sur Bresle, France and will, in the near future, make important investments in both this new facility and its branch in Tunisia.
French-based glassware mould manufacturer Metra announces the takeover of all technical assets and buildings of CVML in Blangy sur Bresle, France. CVML, specialized in the manufacturing of neck-rings for the container industry, was part of Biebouw holding and has been under bankruptcy since August 2011.
After renovation and modernization, this new facility will increase the total capacity of the Metra group for the production of neck-rings and accessories for the container, perfumes and pharmaceutical industries, pursuing its strategy of development in this sector.
Since 2007, Metra has been offering a competitive answer to market needs, thanks to its production site in Tunisia (employing 70 people with a capacity of 8,000 neck-rings per month).
This new facility in France will enlarge Metra’s offer with proximity service, reactivity on sample and small sets for specific finishes.
In parallel to this recent acquisition, METRA also intends to considerably increase its capacity in Tunisia.
According to the company, more than EUR 1 million will be invested this year for renovation and new equipment at both plants.
General Manager of Metra, Stephane Franconville said: “Our goal is to win market shares and to supply neck-rings and accessories worldwide from our two facilities.”
Metra is considered as a leading mould manufacturer in Europe, and employs 106 people at its mother factory in Blangy sur Bresle, which is celebrating its 90th anniversary this year, demonstrating almost a century of experience in mould design and manufacturing, servicing the glass industry for all processes. (Press; H-28; IS B&B/P&B/NNPB; spinning) and for all type of glass (sodium-borosilicate and opal)
Metra’s turnover in 2011 reached EUR 12.5 million, and 7% growth is expected this year.