Corporate strategy - Page 4

PRP Creation files for safeguard procedure as crisis bites

French beauty packaging company PRP Creation has filed for a safeguard procedure, as the coronavirus pandemic coupled with rising raw material and energy prices has contributed to the company’s woes. PRP Creation was placed under the protection[…]

Guala Closures snaps up Labrenta reinforcing luxury offer

Guala Closures announced its purchase of fellow Italian supplier Labrenta last week. For Guala, the transaction is “an important step towards becoming a world leader in the luxury segment”. Consolidation in the luxury packaging sector continues[…]

Interview

“The potential for acquisitions is huge in today’s fragmented packaging market”

Paolo Recrosio, CEO at Berlin Packaging EMEA, sat down with Luxe Packaging Insight to discuss his ambitious acquisition strategy for the months and years to come for this US-based “hybrid packaging supplier”. Can you give us a bit of background[…]

Interview

Knoll & Albertini seal the deal for European manufacturing

Last week, Luxe Packaging Insight announced the signing of a commercial partnership between Knoll Printing & Packaging and Albertini Packaging Group for production at the Italian printing and packaging company’s site in Serbia. This week, we[…]

Arcade Beauty Carestia bets on offset printing

French supplier Arcade Beauty Carestia purchased a large-format offset printing machine for its Mouans-Sartoux site in southeastern France. The new machine is set to start production in Q4 2022. Arcade Beauty Carestia is pursuing what it call[…]

Knoll Packaging to debut European production with Albertini Packaging Group deal

A commercial partnership signed with Albertini Packaging Group will allow Knoll Packaging to produce its secondary packaging in Europe for the first time. US-based luxury secondary packaging supplier Knoll Packaging announced a commercial[…]

Interview

Axilone talks diversification strategy

With its acquisition of formulation specialist Anewcos in China, Axilone is reorienting its strategy for growth. Read our sneak preview of the exclusive feature interview published in Luxe Packaging Insight sister publication Formes de Luxe's[…]

Quadpack, Aptar Beauty + Home team up for refillable wooden lipstick

Quadpack has combined its wooden packaging expertise with Aptar’s lipstick mechanism know-how to create a wooden, refillable lipstick with a patented closure that marks a departure from the traditional “click” gesture. Beauty packaging suppliers[…]

Authentic Material raises €5m; Chanel enters capital

Along with the news that Authentic Material has raised €5m to develop its production footprint, the French materials specialist revealed that Chanel has acquired a minority share in the company. This week, French upcycled natural materials[…]

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Three questions for Simone Baratta, Bormioli Luigi Beauty Business Unit Director

This year, Bormioli Luigi had to absorb a growth rate of 25% compared with 2019. How did you cope with that? Meeting our clients’ needs is a top priority: given the current context, our investment strategy made all the difference by enabling us[…]