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In August 2016, Albéa acquired 100% of the shareholding of Scandolara Tub-Est s.r.o which operates a Laminate Tubes facility in Levice, Slovakia, thus bringing its industrial presence to a 15th country in the world.
Levice serves global and regional brands across Europe, primarily in the oral care market. Its 130 people achieved sales of circa €20 million in 2015. The plant holds multiple ISO certifications.
This acquisition consolidates Albéa’s regional leadership in tubes, extending its industrial footprint and capacity to serve customers across Europe where it now boasts six Laminate Tube facilities – in France, Germany, UK, Poland, Russia and now Slovakia.
As the Albéa flag was being raised, François Luscan declared :“We want to support our customers in all their ambitions – and in the Tube business, this means providing geographical reach, innovation, operating excellence, robustness and agility. Levice is a key asset in this growth strategy. I am delighted to welcome the Levice team to Albéa. Together we are much stronger.”
The acquisition will allow Albéa to leverage Levice’s recognized customer service, flexibility and responsiveness, while bringing in investment for technical leadership and innovation. The combined Tube business will offer customers an extended industrial footprint, providing increasingly global reach and local presence.