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Albéa and Silgan complete the sale of Albéa’s Dispensing Systems, Metal and Brazil businesses

  • Albéa
North America, USA, Europe, South America, Brazil, Beauty, Personal Care, Cosmetics, Primary Packaging, Tubes

Silgan Holdings and Albéa have completed the sale of Albéa’s Dispensing Systems business, Metal (Covit Europe & US) and Brazil industrial clusters. Today these businesses, and all their outstanding teams, join Silgan.

François Luscan, President and CEO of Albéa, explains: “Albéa will now focus its energy and resources on its legacy Tubes, Cosmetic Rigid Packaging and Beauty Solutions businesses. Each business will leverage its unique value proposition, including product offering, industrial footprint, business model and key assets – as well as Albéa’s distinctive culture and strong commitment to Corporate Social Responsibility.” He adds: “We wish the best going forward to all the teams joining Silgan for an exciting future.”

To ensure a seamless transition, in particular business continuity to customers and a smooth integration to the team joining Silgan, a Transition Services Agreement has been signed by Albéa and Silgan.

See also

Decor & Development 4.0: Speed, reliability, and flexibility for new Tube developments

In a market with shorter lead-times and smaller order sizes, digital technology is obviously part of the solution – from digital printing to collaborative platforms via data sharing in real-time. Together with our partner and global specialist of the industrial graphic chain Esko, we have developed pre-press tools for digital printing, as well as a collaborative platform to manage projects within our industrial facilities, across sites, and directly with our customers or their design agencies.

  • Company News
  • English
  • Modified 02 Jun 2020
  • Hits 200