Announced
Completed
Financials
Sources
Tags
Private
Italy
Containers and Packaging
Completed
beauty products packaging
Acquisition
Friendly
Domestic
Majority
Single Bidder
Synopsis
Matteo Moretti completed the acquisition of Lumson, a primary packaging company, from FSI SGR, an asset management company. Financial terms were not disclosed. "I am very proud for the growth of Lumson and the value created for all shareholders and stakeholders achieved thanks to the commitment and contribution of my father Remo, founder of Lumson in 1975, the Board of Directors, the management team and all employees of the Group. Lumson today represents a major player in the primary packaging industry with a diversified product portfolio and a focus on sustainability that makes the company an important partner for leading international cosmetic brands. FSI has supported us in achieving this goal," Matteo Moretti.
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