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

Albéa acquires metal parts manufacturer Covit

Albéa has acquired 100% of Covit S.L., a global leader in the drawing, anodizing, assembly and decoration of metal parts for packaging products, based in Torelló, Spain. Founded in 1979, Covit employs 200 people and achieved sales of approximately EUR 20 million in 2017.

Covit has facilities in Torelló (Spain), Waterbury, CT (USA) and Shanghai (...)

Covit has facilities in Torelló (Spain), Waterbury, CT (USA) and Shanghai (China)

According to Albéa, this acquisition will provide the group with global metal capabilities and expertise while building a strong, global supplier of metal parts. Actually, metal is a critical asset in the fragrance and cosmetics market where packaging often combines metal and plastic parts and Albéa was already Covit’s main customer.

With Covit, we are building a metal business with facilities in Torelló (Spain), Waterbury, CT (USA) and Shanghai (China) that will offer a wide range of products and technologies, world-class technical expertise, global reach and a strong commitment to Corporate Social Responsibility” explains François Luscan, Albéa’s President & CEO.

Albéa is a global supplier of packaging and full service solutions for fragrance and cosmetic brands.

Portfolio

© 2018 - Brazil Beauty News - www.brazilbeautynews.com

latest news
Focus
Qualipac and Verescence winners of the Luxe Pack in Green Awards Monaco 2018

Qualipac and Verescence winners of the Luxe Pack in Green Awards Monaco 2018

On the occasion of the 31st edition of Luxe Pack Monaco, the Luxe Pack in Green awards jury deliberated to designate the 2018 winners. Every year the most environmentally friendly packaging solutions and corporate social responsibility initiatives receive recognition. Qualipac wins the award in the Packaging Solutions category (...)

read more
Experts’ views
Is Brazil the new Korea for hair?

Emmanuelle Bassmann
Is Brazil the new Korea for hair?

International Beauty Fair, South America’s largest trade beauty show, took place on September 08-11, 2018 in Sao Paolo, Brazil. Here is a short overview on the main trends that emerged during the event. Brazil has always been renowned for being innovative in the beauty sector. Historically, the beauty industry in Brazil accelerates (...)

read more

Features