Global Cap Guala

	Acquisition in Australia The company continues its growth in Oceania with the acquisition of 100% shares of Auscap, leading Australian metal closure manufacturer. Established for over 30 years, Auscap is Australasia’s leading metal closure manufacturer for wine, spirit, beer and beverage industries and operates in the country through two plants located at Braybrook, Victoria and Acacia Ridge, Queensland. Auscap sales exceeded A$50 million (around EUR 30 million) and achieved an unaudited EBITDA of approximately A$15 million (around Eur 9 million) for the twelve month period as of October 31, 2006. The company employs 125 people and has fostered long term relationships with leading companies including Pernod Ricard Pacific, Constellation (Hardy Wine Company), Fosters and Lion Nathan. Opening of the Californian Office We are also pleased to announce the opening of GlobalCap North America. The office is located in the heart of Napa Valley, California.
	Guala Closures Group wins the 2006 WorldStar packaging award competition with its innovative wine closure WAK® The pre-eminent international award in packaging, WorldStar illustrates the continual advancement of the state of our packaging research. WorldStars are presented only to those packages which, having already won recognition in a national competition, are compared by an expert panel of judges to similar packages from around the world. Awards are based on the judges' consensus that a package is superior in its own right, and better in its class in execution or innovation by comparison.
	Great success of attendance at the annual wine fairs. This year GlobalCap was present at several fairs dedicated to wine. At the Mendoza Sitevi in Argentina (first input in Latin America); in UK for the International London Wine and Spirits Fairs (the heart of the screwcap acceptance) and in France for Vinitech (the first opening toward European traditional markets).
	Huge success for Round Table events. GlobalCap obtained a great success of interest at the Round Table organized at Lisbon, Portugal last spring , causing a real “earthquake” in the land of cork. The effect was replicated in Italy last month in front of journalists, wine makers and winery technicians.
	2007 COMING FAIRS : Enovit (Lisbon 11-12.01.07) – Unified Symposium (Sacramento 23-25.01.07) - Enomaq (Zaragoza 13-16.02.07) - London Spirits & Wine Fair (London 22-24.05.07 ) – SIMEI (Milano 13-17.11.07)