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Friday August 19th, 2022
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Axilone takes control of Anewcos

Publicity

The Axilone Group, a major player in the design and manufacture of primary packaging for skincare, perfume and make-up, has announced the acquisition of Anewcos, an innovative player in the formulation and filling of cosmetic products, based in China.

Founded in 2011 in Suzhou (Jiangsu province, China), Anewcos employs around 120 people on a 13,000 m² site. Anewcos provides the formulation, development and filling of beauty products for major Chinese brands. The company specializes in skincare products, as well as powder magazines and foundations. Flexible and responsive, Anewcos has developed a complete portfolio of innovative and proprietary formulas, recognized by major Chinese brands.

The acquisition of Anewcos gives the Axilone Group the opportunity to accelerate its growth with, in particular, Chinese brands, by offering them complete turnkey solutions and to diversify its product portfolio beyond its historical businesses. Anewcos' expertise in formulation will enable the Axilone Group to increase its capacity to innovate and develop the packaging solutions of tomorrow.

Anewcos, by joining the Axilone Group, will benefit from its exposure to major international brands, while strengthening its innovation and production capabilities.

Publicity
External resources
axilonegroup.com

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