Pumps and sprayers specialist Silgan Dispensing has closed its acquisition of Albéa’s Global Dispensing Systems business. The purchase includes the French packaging company’s Metal (Covit Europe & US) and Brazil industrial clusters.
According to Silgan Dispensing, the acquisition has expanded its range of lotion and fragrance pumps for the beauty, cosmetic and fragrance markets.
Former Albéa companies have also added a portfolio of beauty samples and mini product solutions to the Silgan Dispensing product portfolio.
For the president of Silgan Dispensing, the acquisition is a transformative move for the company: “We have added an impressive portfolio of products that expands our presence in the market, differentiated manufacturing capabilities and a large team of talented professionals who will help us to continue our mission to be the dispensing partner that our customers need to help them win in the market. ”
Albéa, based in Paris, will focus on its main proposal. “Albéa will now focus its energy and resources on its inherited Tubes, Rigid Cosmetic Packaging and Beauty Solutions businesses,” said François Luscan, Albéa President and CEO.
“Each company will leverage its unique value proposition, including product offering, industrial presence, business model and key assets, in addition to Albéa’s distinct culture and strong commitment to corporate social responsibility.”