PSB Industries has entered into exclusive negotiations with Groupe Pochet for the acquisition of Qualipac, its plastic and metal packaging division serving the perfume and cosmetics industries.
Qualipac has internationally recognised expertise in the processing and decorating of plastics, aluminum and zamak. Thanks to these complementary capabilities, Qualipac offers a wide range of tailor-made products for perfume, skincare and make-up to its blue chip customer base. In 2019, Qualipac had revenues of c.€ 239m and 2,300 employees worldwide.
Through this operation, the Luxury & Beauty division of PSB Industries will double in size and become one of the world leaders in rigid plastic packaging for perfumes and cosmetics.
The completion of the transaction should take place during the first half of 2020, following the workers’ council consultation process and clearance from the relevant competition authorities.
After the disposal of CGL-Pack to Faerch-Plast in 2018, this is the second transaction DC Advisory has advised on for PSB Industries, confirming its activity and expertise in the packaging sector.