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Silgan finalizes Albéa Dispensing Systems acquisition

Katie Nichol

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Silgan Holdings has completed the acquisition of Albéa’s beauty and personal-care dispensing division along with its Metal (Covit Europe and US) and Brazil operations.

The businesses joined Silgan as of June 1st. Albéa will now focus on its Tubes, Cosmetic Rigid Packaging and Beauty Solutions businesses.

“Each business will leverage its unique value proposition, including product offering, industrial footprint, business model and key assets–as well as Albéa’s distinctive culture and strong commitment to Corporate Social Responsibility,” said François Luscan, President and CEO of Albéa.

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