Corticeira Amorim Splits Its US Closures Arm 50/50 With Scott Laboratories — Joint Venture Scott Premium Closures Absorbs ACIC Cork & Closures for the North American Wine and Spirits Market
Corticeira Amorim and Scott Laboratories have signed a 50/50 joint venture, Scott Premium Closures, absorbing the Portuguese group's ACIC Cork & Closures US subsidiary and Scott's entire cork sales-and-support operation for the wine and spirits market across the United States and Canada.