SUBSCRIBE

Breaking News on Cosmetics Formulation & Packaging in Asia-PacificEU editionUS edition

Headlines > Business & Financial

Read more breaking news

 

 
News in brief

Albéa completes acquisition of Rexam Personal Care

02-Jan-2013

The sale of Rexam Personal Care to Albéa owner Sun Capital Partners has been approved by the Chinese authorities for $459 million (€347m), allowing the French packaging company to expand its market share in cosmetics.

The news was originally announced last year when a Cosmetics Design exclusive revealed that Albéa was looking to expand its portfolio and global footprint with the move.

The combined businesses will build on both companies’ market position and create a leading packaging group with a global platform.

“The new platform would give significant opportunities to deliver extended customer solutions. Customers would benefit from the complementary market knowledge, the innovation capabilities and the technical know-how,” an Albéa spokesperson told CosmeticsDesign-Europe.com.

Key Industry Events

 

Access all events listing

Our events, Events from partners...

On demand Supplier Webinars

The CosmeticsDesign.com USA Anti-Aging Hair Care Forum
William Reed Business Media
All supplier webinars