PAI Partners, a leading pan-European private equity firm, has now completed the acquisition of Albéa.

François Luscan, CEO of Albéa, commented: “This is the start of a new era for Albéa. With PAI, we are opening another exciting, challenging, transformative chapter in our history. Together, we are going forward and making Albéa an agile, reliable, creative, robust partner for all our customers’ brands.”

Laurent Rivoire, Partner at PAI Partners, commented: “We are looking forward to partnering with the Albéa team to continue strengthening the group’s market position and to support the implementation of an accelerated growth strategy.”