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15.12.2008 - CORVAGLIA decides to remain an independent company

Eschlikon, Switzerland, December 15th, 2008

 

After completing the review of strategic alternatives the Group management decided it is in the best interests of the company, all customers and partners to continue operating and building Corvaglia as an independent Group.

 

“Our strong market position and clear focus on the closure, from the idea until having it on the bottle, gives us the flexibility to continue what we do best: provide the economical cap solutions that our customers have come to expect.” said Romeo Corvaglia, owner and President of Corvaglia Group. “We will continue to grow our core business and strengthen the research and development, state of the art mould making and highly automated closure manufacturing in our headquarters in Eschlikon. The impressive 2008 growth and positive outlook for 2009 of Corvaglia Closures Eschlikon Ltd. prove our strategy to be effective.”

 

Enquiries:

Corvaglia Group - President Romeo Corvaglia: romeo@corvaglia.ch, ph: +41 71 973 77 77