SR Packaging Consultants is now part of Ho.Bag Corporate, the Italian manufacturer and distributor of complete packaging solutions for the cosmetics and pharmaceutical industries.
"Packaging today plays an essential role in the marketing mix of brands, and the cosmetics industry is experiencing significant growth. With the acquisition of SR Packaging Consultants, we aim to strengthen our presence in the Italian and European markets, while complementing our production capacity to expand our product range and provide our customers with quality items and fast, comprehensive services."said Andrea Spina, CEO of Ho.Bag Corporate Srl, when he unveiled plans to acquire SR Packaging Consultants in March 2023.
Six months later, the Veneto-based company announced that the merger by absorption had been completed. This is an important step in the company's ongoing internationalization strategy.
This merger between two leading Italian players marks an important turning point in the market. Ho.Bag Corporate intends to offer its customers a broader product portfolio, an Italian production plant, a new 10,500 square meter multi-storey warehouse and a qualified sales force.