M&A
PSB Industries divests Plastibell, recenters on beauty and luxury with Texen
Following confirmation of the sale of its Plastibell healthcare and industry division this month, packaging and specialty chemicals group PSB Industries is focusing its business solely on beauty and luxury via its dedicated business unit Texen.[…]
Converting and finishing takes shape with BK’Art Group
BK’Art, a newly minted French artisanal group in the region of Cognac, is specialized in converting and finishing techniques. Following the acquisition of Cognac Emballages Services (co-packing and packaging decoration) in 2013 and Pyrénées[…]
Piramal Glass up for sale
India-based manufacturer Piramal Glass is up for sale with a price tag of around $800m, according to news reports. Bank of America and Axis Capital are charged with finding a buyer for the company. Piramal Glass reported global sales of $357m[…]
Rémy Cointreau to return to champagne with J. de Telmont acquisition
French spirits group Rémy Cointreau has entered into exclusive negotiations to acquire a majority stake in Champagne de Telmont. Founded in 1912, Champagne de Telmont is one of the last family-owned estates in the Champagne region and has been[…]
HCP looks to boost skincare offer with Pum-Tech Korea partnership
Beauty packaging company HCP (Baring Private Equity Asia) announced a commercial partnership with dispensing technology specialist Pum-Tech Korea (PTK) this spring. The company tells Luxe Packaging Insight about the first steps it is taking[…]
Silgan finalizes Albéa Dispensing Systems acquisition
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[…]
Verpack opens up capital to accelerate growth
French family-owned company Verpack has gained a minority shareholder in the form of Crédit Mutuel Equity, which has taken a 25% stake in the luxury-packaging specialist. The company, which manufactures setup boxes, folding boxes, tubes and[…]
Anjac Health & Beauty acquires Roval Cosmétiques
Supplier of healthcare and prestige beauty solutions, French group Anjac Heath & Beauty has built a portfolio of expertise over the years with a strong focus on R&D. Its latest acquisition, Roval Cosmétiques, a player in the personal care,[…]
Sparring Capital snaps up majority stake in Pure Trade
French private equity firm Sparring Capital has acquired a majority stake in Pure Trade, French supper of luxury packaging and promotional products for cosmetics and fragrance. Former investors Initiative et Finance and Isatis Capital have[…]
Pernod Ricard adds Italicus & KI NO BI to portfolio
French group Pernod Ricard has expanded its spirits portfolio with the addition of Italicus, the Italian premium bergamot-infused aperitivo and Japanese gin KI NO BI. Pernod Ricard explains that Italicus, founded in 2016 by Giuseppe Gallo,[…]
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Key Figures
18%
The drop in value in the French premium fragrance market, which stood at €1.21bn year-to-date end October 2020. However, the selective beauty market as a whole declined 22%. Source: The NPD Group