21.02.2006 - Corvaglia strengthens Collaboration with MCG Industries of South Africa

The Corvaglia Group extends the existing sales representation relationship with MCG Industries to a strategic partnership. MCG Industries is the largest manufacturer of plastic closures in South Africa and runs three production sites in this country. Thanks to the new agreement MCG Industries becomes fully licensed partner of Corvaglia for all closures and moulds and is responsible for the African Markets and surrounding islands.

Positively commenting on behalf of Corvaglia, Th. Anderegg, CEO of Corvaglia Closures, said: "The young and dynamic management teams of Corvaglia and MCG have a good match. In the future, together with MCG Industries, Corvaglia will emboss the African market for plastic closures. All bottlers can look forward to this development and will have a direct benefit from better products under attractive conditions." Also Neelin Naidoo, CEO of MCG Industries, believes the relationship to be the first step of a success story: "I have no doubt that MCG and Corvaglia will enjoy a mutually beneficial long term relationship. I can assure that MCG are developing the necessary plans to entrench the Corvaglia products range in the licensed territory, and consequently, I look forward to our mutual success."

Enquiries:

Corvaglia Closures
+41 71 973 77 10
Thomas Anderegg, CEO

MCG Industries (Pty) Ltd
+27 11 677 12 00
Neelin Naidoo, CEO