M&A
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,[…]
Salinas buys Fabregas Packaging
Alicante-based rigid box specialist Salinas has announced the acquisition of fellow Spanish supplier Fabregas Packaging, which had been in receivership since November 2019. Valued at €9m, Fabregas brings with it an 8,000m2 facility with a[…]
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Key Figures
40%
The percentage of consumers globally who now have a more positive perception of plastic packaging as a result of coronavirus