ALBEA
Acquisition of cosmetics packaging company Eyelematic / Addition of metal forming capabilities
Packaging manufacturer Albéa (Gennevilliers / France; www.albea-group.com) is acquiring Eyelematic (Watertown, Connecticut / USA; www.eyelematic.com), a supplier of metal and plastic packaging to the cosmetic, skincare and perfume industry.
Albéa said the acquisition will provide it with metal forming capabilities – a major advantage in the beauty sector. Eyelematic, which serves major brands in the American market, has three plants for the manufacture of metal parts as well as plastic injection, decoration, anodizing and assembly.
François Luscan, Albéa’s president & CEO, said the integration of metal forming into Albéa’s capabilities will enable the company to broaden its offering to customers worldwide. "This acquisition fits perfectly with Albéa's development dynamics," he said. “We are exploring acquisition opportunities to offer our customers high added value by strengthening our presence in emerging countries and widening our product range through the integration of complementary fields of expertise."
With the integration of Eyelematic, Albéa said it now has 34 sites in 13 countries and offers packaging solutions for the make-up, skincare, perfume and oral care sector.
Albéa said the acquisition will provide it with metal forming capabilities – a major advantage in the beauty sector. Eyelematic, which serves major brands in the American market, has three plants for the manufacture of metal parts as well as plastic injection, decoration, anodizing and assembly.
François Luscan, Albéa’s president & CEO, said the integration of metal forming into Albéa’s capabilities will enable the company to broaden its offering to customers worldwide. "This acquisition fits perfectly with Albéa's development dynamics," he said. “We are exploring acquisition opportunities to offer our customers high added value by strengthening our presence in emerging countries and widening our product range through the integration of complementary fields of expertise."
With the integration of Eyelematic, Albéa said it now has 34 sites in 13 countries and offers packaging solutions for the make-up, skincare, perfume and oral care sector.
18.11.2011 Plasteurope.com [220865-0]
Published on 18.11.2011