# PSB Industries to merge Quadpack with Texen into single cosmetics packaging group

PSB Industries will acquire 100 percent of ALQP's share capital at €32 per share to merge Quadpack with its Texen business into one group. The combined group, with sales of €350 million, will have industrial presence in six countries.

- Type: Acquisition
- Announced: 2024-07-17
- Where: France
- Status: announced
- Products: cosmetics packaging, makeup packaging, skin care packaging, fragrance packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Texen](https://endata.com/companies/4837.md) (partner)
- [Quadpack](https://endata.com/companies/5606.md) (partner)
- [Quadpack](https://endata.com/companies/5606.md) (target)
- [PSB Industries](https://endata.com/companies/6132.md) (acquirer)

## Sources

- [globalcosmeticsnews.com](https://www.globalcosmeticsnews.com/quadpack-announces-strategic-merger-with-psbs-texen/), 2024-07-17: "Quadpack has announced that it is set to merge with PSB Industries-owned Texen into a single group."
- [nextinbeautymag.com](https://www.nextinbeautymag.com/en/business/economy-sector/quadpack-and-psb-industries-the-owner-of-texen-will-join-in-an-alone-group_1872_102.html), 2024-08-21: "Quadpack Industries (Euronext Growth: ALQP) and PSB Industries (a private company) have formalised their plan to merge Quadpack and Texen"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.