Crown Corks becomes Eviosys following acquisition
KPS Capital Partners has completed its acquisition of Crown Holdings Inc.’s EMEA food and consumer packaging business, and creating the new brand name Eviosys deriving from the Greek word for ‘sustainable’.
Eviosys launches today as a newly formed, independent company. The business is Europe’s largest manufacturer of steel and aluminium food packaging, with hundreds of global and regional food and consumer product customers.
Eviosys will focus on unique, smart packaging solutions by combining a rich heritage with an enhanced, market-leading focus on innovation, research and development. Sustainability is at the heart of Eviosys, which has a product portfolio centred on 100% recyclable metal substrates. The company will champion the evolution of truly sustainable packaging, developing solutions for its customers that help them meet their sustainability goals while also protecting the planet, people and communities.
Eviosys, with seven design studios and three laboratories across Europe, will continue its leadership role in smart packaging solutions and has the largest manufacturing footprint in the region, with 6,300 employees in 44 manufacturing facilities across 17 countries in Europe, the Middle East and Africa (EMEA). With its strategically located manufacturing facilities, Eviosys will continue its commitment to uncompromising product quality, preserving products and promoting the reputation of local and international brands in over 100 countries worldwide.
Tomás López, an industry executive with decades of experience leading packaging businesses, will lead Eviosys as its new Chief Executive Officer. Lopez previously served as CEO of Mivisa prior to its acquisition by Crown Holdings in 2014.
Tomás López, CEO, said: “This is an incredibly exciting moment for the packaging industry. Eviosys combines 200 years of experience in preserving products and promoting brands, with a future focus on innovating to protect the planet. With the business’s extensive footprint across EMEA, the launch of Eviosys means a true step-change for the entire industry that will lead to smart, sustainable packaging for all.“
Olivier Aubry, SVP Sales and Marketing, added: “With our focus on smart sustainable packaging, Eviosys will take a confident step towards making products fit for our customers, end consumers and the planet. That means clever design solutions and uncompromising quality, with sustainability at the very heart.”