Fremman Capital, a pan-European, mid-market investment firm, agreed to acquire Innovative Beauty Group, a Netherlands-based provider of packaging solutions for beauty and personal care products, from PAI Partners-backed Albéa, an international cosmetic packaging supplier. Financial terms were not disclosed. “We look forward to this next stage of growth together with Fremman as a new shareholder. We operate in an exciting and fast- growing market with a great opportunity to scale up presence and capabilities across geographies, product categories and customer segments and further elevate our value-add and quality, following our vision to provide the best service to our clients," Xavier Leclerc de Hauteclocque, Innovative Beauty Group CEO.