Webpackaging logo

Matteo Moretti, Chairman of Lumson S.p.A., purchases the entire interest

Europe, Italy, Beauty, Personal Care, Cosmetics

Matteo Moretti, Chairman of Lumson S.p.A., has purchased, through the family holding company, the entire interest in Lumson S.p.A. held by FSI SGR S.p.A. on behalf of "FSI I" fund. The transaction allows the Moretti family to complete the succession started in 2018 and to accelerate the growth path by strengthening the leadership position of Lumson S.p.A. in the cosmetic primary packaging sector.

Matteo Moretti and FSI SGR S.p.A. announced the purchase by Matteo Moretti, through the family holding company, of the entire interest in Lumson S.p.A. held by FSI SGR S.p.A. on behalf of the fund "FSI I", after four years of strong development together.

Lumson is a leading company in Europe in the design, development, production and decoration of primary packaging systems for the cosmetic and make-up market.

The Capergnanica-based company has exceeded 130 million euros in turnover, with a sustained margin that reflects the strong positioning in the skincare segment and the high qualitative and technological content of its products, sold all over the world to the most important groups in the cosmetic industry.

In the last five years, the company's turnover has doubled and, under the leadership of Matteo Moretti, the company strengthened significantly in the high-end make-up segment, also thanks to the acquisition of Marino Belotti. Moreover, important and innovative projects were completed in the field of sustainability, an extremely important matter in the world of packaging and in which Lumson is now a leader with a solid pipeline and a dynamic management team.

The Moretti family's goal is to further accelerate Lumson's growth and consolidate its leadership position in the skincare segment of the primary packaging sector, continuing under the guidance of its Chairman Matteo Moretti, the Chief Executive Officer Antonio Recinella, and the current management team.

Matteo Moretti, Chairman of Lumson Group:

"I am very proud for the growth of Lumson and the value created for all shareholders and stakeholders achieved thanks to the commitment and contribution of my father Remo - founder of Lumson in 1975 -, the Board of Directors, the management team and all employees of the Group. Lumson today represents a major player in the primary packaging industry with a diversified product portfolio and a focus on sustainability that makes the company an important partner for leading international cosmetic brands. FSI has supported us in achieving this goal”.

Maurizio Tamagnini, CEO of FSI:

"At FSI we believe in the central role of entrepreneurs in driving major growth projects for their companies in which we are at their side, helping them also to better understand over time their future aspirations and the evolving role of family members, including in the context of business succession. This process has been successfully accomplished in an excellent company like Lumson and we wish Matteo Moretti all the best as entrepreneur and leader of the company".

See also

  • Company News
  • English
  • Modified 21 Dec 2022
  • Hits 265