488: The Tech and Innovation Behind 2.7 Billion Wine Closures

Mar 23, 2018

When you open a bottle of wine this weekend, have you stopped to think of the closure on the bottle? Did you know that there are PlantCorcs™, Natural Corks, Vintop Screwcaps, Syntek Synthetic Corks and Vinolok Glass Closures?

Today's guest is from Vinventions, the most innovative and trusted provider of Complete Wine Closure Solutions worldwide. In order to support its growth plans, the company has completed a successful Group Refinancing with an injection of USD 40 million from existing shareholders.

When I heard that there the company made 2.7 billion wine closures in 2017, giving it a 13% share of the total global closures market and that a combination of innovation and technology is their secret recipe, I invited Chief Innovation Officer Malcolm Thompson onto the show to find out more.