Conglomerate San Miguel Corp. said Thursday it acquired wine bottler and packaging company Barossa Bottling Services Pty. San Miguel said in a statement international packaging unit San Miguel Yamamura Packaging International Ltd., through its Australian subsidiary San Miguel Yamamura Australasia Pty. Barossa is a specialist and independent contract wine bottling and packaging facility, serving artisan wineries in South Australia. San Miguel said with the latest acquisition, its packaging group expected the contribution of its Australian and New Zealand businesses to reach close to Au$300 million. In the meantime, our Philippine operations will continue to expand to meet growing domestic and export demands,” San Miguel president and chief operating officer Ramon Ang said.

Source: The Standard July 13, 2017 11:03 UTC