Belgian group Asteria buys Coruñesa de Etiquetas
The Galician company thus becomes the first Spanish member of this leading European group
The Belgian group Asteria has bought a 100% stake in Coruñesa de Etiquetas (Coreti), a leader in the wine labelling sector. This acquisition secures its expansion in Spain and allows it to offer the European market a wider range of luxury labels and finishes. According to a statement by Asteria, "Coreti is a benchmark in the supply of labels for the wine, beer and edible oil sectors, but they also have extensive experience in the logistics market. They produce labels with exceptional finishes, using the most innovative and resistant materials and the highest print quality. They meet all their customers' demands and help them set themselves apart in an increasingly competitive market, giving their products greater added value thanks to their labelling". This way of working and these values it shares with the Asteria Group have been key to this union, as for both of them "customer service is paramount".
Coreti was founded in 1991 and closed last year with a turnover of 17.8 million euros. It started out on 100 square metre ground-floor premises and expanded to occupy a facility in Bergondo with 4,500 square metres, employing 110 workers. The firm has designed labels for wines such as the Regina Viarum 2016, which took the gold medal in the Baco Awards 2017, and for Bodegas y Viñedos '91, which won platinum in the European Product Design Award.