Albéa Group to acquire a majority stake in Amfora Packaging from ACON Investments.

Albéa Group, a sustainable cosmetic packaging company, agreed to acquire a majority stake in Amfora Packaging, a packaging company focused on the beauty and personal care segment from ACON Investments, a private equity investment firm. Financial terms were not disclosed. "We are very proud of how Amfora's team transformed and grew two independently managed, diverse family businesses into an institutionalized, export-oriented company serving top-tier clients across Latin America, North America and Europe. As a result, we believe the Company is well-positioned for its next chapter of growth under Albéa's stewardship. Our investment in Amfora illustrates ACON's strategy of successfully identifying and managing high-potential companies and supporting them through complex business cycles to unlock long-term value," Alberto Hernandez, ACON Partner.