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Oben Group announces it has entered into a Share Purchase Agreement to acquire 100% of Vitopel do Brasil Ltda., a manufacturer of biaxially oriented polypropylene (BOPP) films consisting of manufacturing facilities in Mauá and Votorantim, located in the state of São Paulo, Brazil. The acquisition will expand Oben’s footprint as a global player in the industry.
Vitopel do Brasil is a specialized BOPP film producer known for its innovation and quality over nearly four decades. This move bolsters Oben’s position in the highly competitive flexible packaging films industry and establishes local BOPP manufacturing in Brazil.
With over three decades of experience, a global reach, and a diversified portfolio—including BOPP, BOPE, BOPET, BOPA, PET-Shrink, CPP, CPE, CPA, and Cast films, as well as films with added functionality through Al/AlOx metallization and single/double-sided water-based coating processes—further complemented by Thermoformed Products and PET straps. This acquisition will leverage combined synergies to enhance overall customer service and operational efficiency.
Oben Group is looking forward to welcome Vitopel do Brasil’s team and to have a successful integration that benefits clients and stakeholders.
The closing of this acquisition is subject to customary conditions precedent, including regulatory approval by CADE (Conselho Administrativo de Defesa Econômica) in Brazil.
