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
MakeUp in New York moves to Javits Center to continue growing

MakeUp in New York moves to Javits Center to continue growing

The latest edition of MakeUp in NewYork was a huge success, announced the organisers. Held at the Center415 on 5th Avenue, in Manhattan, on September 11&12, 2019, the two-day B2B event dedicated to the makeup and skincare supply chain welcomed more than 3800 visitors, with a growth of 12% of international guests. Brazil, (...)

read more
Experts’ views
India emerges as the next beauty giant

Asia Cosme Lab
India emerges as the next beauty giant

Thanks to a growing young population (first youth population in the world) and the emergence of a vast middle class, as well as a higher Internet connection from both urban and rural areas, India is set to emerge as the next beauty giant after China. Asia Cosme Lab took a deep dive in the fascinating Indian market, where both (...)

read more

Features