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Albéa strengthens its presence in Latin America

Albéa, a global specialist in sustainable cosmetics packaging, has announced the signature of an agreement to acquire Amfora Packaging, an innovative packaging company based in Bogotá (Colombia) and operating in Colombia and Peru. This operation will enable the Group to increase its presence in Latin America.

Amfora Packaging brings Albéa its expertise in the design, development and manufacture of plastic packaging for the perfumery, cosmetics, personal care and pharmaceutical sectors. Founded by Acon in 2015, the South American company is the result of the merger of two family businesses, Intecplast in Bogotá and Pieriplast in Lima (Peru). For Albéa, this acquisition represents an important strategic step in a fast-growing market for beauty and personal care products. Thanks to their complementary expertise, Albéa intends to broaden its offer in the make-up, skin care, hygiene and perfumery segments.

"Albéa is taking a new step to consolidate its global footprint and support its operations already present in the United States and Mexico, said François Tassart, Group CEO. Amfora Packaging's close proximity to customers will give us direct access to key players in the beauty and skincare industry. We will be able to continue to provide the best possible support to our international customers and meet the growing demand for local sourcing."

"This acquisition represents a major step forward in our ambition to become a global leader in beauty packaging. We couldn't have found a better partner: our two companies share the same passion for the customer, a constant commitment to innovation and a common culture rooted in a responsible entrepreneurial vision."added Bertrand de la Tour d'Artaise, Executive Vice President Strategy and M&A, Albéa Group.

Photo: François Tassart, CEO of the Albéa Group.

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