Follow us twitter facebook
Edition: Global
Click here to subscribe toour free weekly newsletter click here
Industry buzz

The Gpack Group takes over Alliora Coffrets

One week after the announcement of the sale of Axilone, Oaktree is continuing to divest the assets of the Ileos group with the sale of Alliora Coffrets to the Italian group Gpack. The two companies have signed an exclusivity agreement to that end.

According to the equity firm, this acquisition project is part of the development strategy of the Gpack group, which wants to develop its packaging activities in the luxury market, in particular on the French market.

With this acquisition, Gpack would double its set-up boxes business and become a leader in this sector in Europe. The Gpack group, formerly named Cartotecnica Goldprint, is specializing in the production of luxury packaging for the cosmetic and perfumery businesses. It recently entered other markets such as food packaging, pharmaceutical packaging and display. With a total turnover of about 70 million euros, of which 50% generated in the luxury market, Gpack operates 7 plants in Europe employing about 400 employees.

The transaction is subject to consultation with the employee representative bodies in France as well as the usual closing conditions and regulatory examinations.

© 2017 - Premium Beauty News - www.premiumbeautynews.com
latest news
Focus
spip-vignette

MakeUp in Los Angeles unveils conference programme

The third edition of MakeUp in LosAngeles will open its doors on February 7 and 8 2018 in a new venue, the Barker Hangar, concomitant to the first edition of Luxe Pack Los Angeles. The event’s conference programme will feature thirty speakers hosting fifteen conferences and half a dozen round tables focused on the new beauty (...)

read more
job opportunities
Experts’ views
A focus on growing Asia Pacific region

Quadpack
A focus on growing Asia Pacific region

Recognising the steady growth of Asian domestic markets, Quadpack is expanding its presence in the region. The international packaging group has created a dedicated sales operation to service brands and contract fillers in the Asia Pacific region, led by Regional Director Jason Smith. Asian beauty brands now have a new source for (...)

read more

Features

We use cookies to give you a better browsing experience. By continuing your visit to this site, you accept the use of cookies. Read more and set cookies
close