Announced

Alcedo to acquire Marino Belotti from Lumson.

Synopsis

Alcedo, a private equity growth and expansion fund, agreed to acquire Marino Belotti, a plastic fabrication company, from Lumson, a packaging firm. Financial terms were not disclosed. “We are very satisfied with the outcome of this arrangement, which marks the definitive exit of the Group from the makeup world. This transaction, finalised after a year of intense and complex work, allows us to fully commit to the Group's industrial focus plan. Consistent with our strategy and our role as producers of primary packaging for the skincare sector, this sale enables us to further strengthen the Group's financial capacity, allowing us to continue our growth trajectory and seize development opportunities in our core sector,” Matteo Moretti, Lumson President.

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