Two years after acquiring 40% of ALM, SL, Colep Packaging has executed the purchase of the remaining 60% of the Spanish aluminium aerosol manufacturer. With this operation, Colep Packaging acquires the entire share capital of ALM and reaffirms its ambition to grow in the aerosol market.

In 2024, ALM is expected to achieve sales exceeding 16 million euros. By 2026, the company plans to double its production capacity for aluminium aerosols and a post-acquisition expansion plan is in place, involving an investment of over 15 million euros.

This strategic expansion movement reinforces Colep Packaging’s value proposition as a preferred partner for metal packaging solutions in both tinplate and aluminium. Over the past two years, the global aerosol market has grown by more than 6% annually, reaching 10 billion units produced yearly.

Paulo Sousa, Colep Packaging’s CEO, said: “This operation, together with the recent entry into Mexico, emphasises our vision for the aerosol segment and is aligned with the company’s growth strategy.”

Colep Packaging’s industrial infrastructure is currently based in five locations: Vale de Cambra, Portugal; Kleszczów, Poland; Navarra and Barcelona, Spain; and the United Kingdom.