Artenius wins major Spanish PET dairy preform deal
Spanish PET group La Seda de Barcelona has reached a 10-year preform supply agreement with Grupo Leche Pascual
Beginning in January 2010, La Seda’s Artenius PET Packaging division will supply the dairy group with an estimated 5bn PET preforms, representing a value of around €15m, according to La Seda chairman Jose Luis Morlanes Galindo. Family-owned Grupo Leche Pascual is a major player in the European dairy and beverage sector. Its portfolio includes Yosport liquid yoghurts, Masvital probiotics, Bio Fruta fruited milks and the Los Barrancos and Bezoya mineral waters. La Seda de Barcelona, which has been hit hard by the global recession, announced earlier this month that is achieved a turnover of €685.8m for the first three quaters of 2009. The company also said its proposed debt restructuring plan was approved by its lenders.