ALBEA
Acquisition of Slovakian laminate tubes company Scandolara Tub-Est / Sixth plant in Europe
Albéa now owns the Scandolara plant in Slovakia (Photo: Albéa) |
French packaging specialist Albéa (Gennevilliers; www.albea-group.com) has acquired Slovakia’s Scandolara Tub-Est, a producer of laminate tubes. Financial terms were not revealed. Its facility in Levice serves global and regional brands across Europe, primarily in the oral care market. The company employs 130 people and had sales of around EUR 20m last year.
The acquisition adds a sixth tubes facility to Albéa’s European network, which includes plants in France, Germany, the UK, Poland and Russia. François Luscan, president and CEO of Albéa, said together the two companies will offer a unique combination of global reach and local presence.
Albéa claims to offer the world’s largest range of beauty and personal care packaging with global sales reaching USD 1.4 bn in 2015.
The acquisition adds a sixth tubes facility to Albéa’s European network, which includes plants in France, Germany, the UK, Poland and Russia. François Luscan, president and CEO of Albéa, said together the two companies will offer a unique combination of global reach and local presence.
Albéa claims to offer the world’s largest range of beauty and personal care packaging with global sales reaching USD 1.4 bn in 2015.
08.09.2016 Plasteurope.com [234961-0]
Published on 08.09.2016