Berlin Packaging acquires Premi Beauty Industries

Katie Nichol

Related topics :

Be the first to react

Comment

Berlin Packaging acquires Premi Beauty Industries

Berlin Packaging has purchased Italian company Premi for an undisclosed sum in a move that expands its footprint in the beauty and cosmetics packaging space.

Continuing the acquisition streak that has seen it snap up almost 20 companies in EMEA since 2016, Berlin Packaging has purchased Italian beauty packaging supplier Premi. Terms of the transaction were not disclosed.

Premi is headquartered in Milan, Italy, and has more than 150 employees. The turnkey products specialist offers services including formulation, branding and digital marketing. Its online store, Stocksmetic, provides customizable packaging with no minimum order quantities.

“Not only does the addition of Premi rapidly expand our product portfolio in the important beauty and cosmetic sectors, but its emphasis on being a one-stop shop for customers is the perfect match for our hybrid packaging business model,” Bill Hayes, Global CEO and President of Berlin Packaging, said in a statement.

“This is a key acquisition for Berlin Packaging. Premi is a market leader in the beauty packaging industry with incredible know-how for the design and production processes. By leveraging our combined footprint and capabilities, we will deliver unparalleled solutions to our customers,” added Berlin Packaging EMEA CEO Paolo Recrosio.

Premi marks Berlin Packaging’s nineteeth acquisition in Europe, the Middle East and Africa since 2016.

Editor's picks

Axilone to double aluminum production capacity with new site

Axilone to double aluminum production capacity with new site

French beauty packaging group Axilone is breaking ground on a second site in Spain for its aluminum business. Production is slated to debut early 2025.Faced with continued strong demand from the beauty market, Axilone has announced it is...

Yangi’s fiber-based packaging solution gets investment from Chanel and Voith

Yangi’s fiber-based packaging solution gets investment from Chanel and Voith

Crealis-owned Supercap bolsters cork stopper business with Portugeuse acquisitions

Crealis-owned Supercap bolsters cork stopper business with Portugeuse acquisitions

Special Report: Environmental concerns in the International Year of Glass

Special Report: Environmental concerns in the International Year of Glass

More articles