Announced
Financials
Sources
Tags
Majority
Italy
Containers and Packaging
Single Bidder
Acquisition
Friendly
cosmetic packaging
Private
Pending
Synopsis
Lumson, a developer and manufacturer of cosmetics packaging, agreed to acquire Marino Belotti, an Italian company with c. €15m revenues active in the production of premium make up packaging solutions. Financial terms were not disclosed. “Marino Belotti is a historical company of our sector. With Maria Teresa and Alfredo we share the passion of our job and the orientation towards quality and innovation. I’m sure that this combination will enable LUMSON to strengthen its positioning both in the European and American markets, where we are currently seeing the results of the hard work done over the past years,” Matteo Moretti, Lumson President.
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