French group PSB Industries, owner of Texen, finalized its acquisition of Spain-based Quadpack in October 2024, creating a beauty packaging group with combined sales of €360m and 12 wholly owned factories.
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.
Barcelona-based Quadpack signed a partnership with US injection moulder Colt's Plastics in Connecticut to produce its Regula Airless Refill range locally for Americas brands. Full-scale production is planned for 2024.
Packaging maker Quadpack has decided to implement a cloud-based production system from Accevo, including a Manufacturing Execution System, Advanced Planning and Scheduling tool and IoT hardware, across two factories in Spain and Germany. Full operation is expected by May of the following year.
Sulapac, a maker of microplastic-free materials, and Quadpack, a cosmetic packaging provider, signed a preferred partnership agreement to supply sustainable cosmetic packaging worldwide. Quadpack will launch the Sulapac Nordic Collection jars in spring 2020.
Quadpack acquired Louvrette, a German injection-moulding maker of skincare packaging jars, adding 8,500 m2 of manufacturing facilities and 40 injection-moulding lines. Financial terms were not disclosed.