Luxembourg-headquartered closure producer ProCap has acquired the Sofiplast plastics caps and closures business from Spanish industrial group Vemsa.

It is expected that the deal would be finalized till the end of this year, and it is ProCap’s third acquisition in the closure sector in the last 12 months.

The acquisition will include around €4.5 million of sales to ProCap’s business and will reach €90 million this year.