Goglio scores his second goal in Brazil
The Varese-based packaging group has acquired a company with a turnover of 60 million and 570 employees. Synergies in the coffee sector
Goglio has doubled its presence in South America by acquiring the Brazilian company Cristal Embalagens, bringing in around 60 million in additional revenue.
Founded in 1999, Cristal Embalagens – which recorded a turnover of 345 million Brazilian reais in 2025 – specialises in the development and production of flexible packaging for a wide range of sectors, including cereals, pet food, baked goods, hygiene and personal care. The company has 570 employees and operates from a factory covering over 20,000 square metres.
Following the completion of the transaction, the subsidiary Mega Goglio has taken full control of Cristal Embalagens. The integration of the two companies – the group explains in a statement – will enable them to combine complementary expertise and production capabilities and to accelerate investment in innovation, product development, technology and operational efficiency.
In particular, Goglio’s leadership in the coffee sector (which accounts for over 43 per cent of the group’s revenue) is set to be further consolidated by strengthening its industrial presence in Brazil – a strategic country for the global coffee supply chain and the world’s leading producer of green coffee – where the Group has had a commercial presence for around 15 years and will begin production in 2023 following the acquisition of Mega Embalagens (now Mega Goglio). At the same time, the integration with Cristal Embalagens will enable the Group to expand its range of flexible packaging solutions for fast-growing sectors, including pet food, by leveraging complementary expertise and creating new opportunities for growth in international markets.
“The acquisition of Cristal Embalagens,” explains Franco Goglio, Chairman and Chief Executive Officer of Goglio Spa, “represents a further step in the Group’s international growth and reinforces our development strategy in a key market such as Brazil. Thanks to the integration of complementary skills, production capacity and know-how, we will be able to expand our range of flexible packaging solutions, whilst continuing to invest in technology, quality and environmental sustainability – elements that have always guided our development. This transaction consolidates our presence in Latin America and strengthens the Group’s competitiveness on an international level, enabling us to be even closer to our customers and to support their growth with increasingly efficient and responsible solutions. “We are particularly pleased to continue on this journey alongside the Graf/Wallauer family. Over the years, we have built a relationship based on sincere collaboration and strong mutual respect, factors which are yielding extraordinary results for our growth in Brazil.”
