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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.
PSB Industries is in negotiations with manufacturer Groupe Pochet to acquire its plastic packaging business Qualipac, a beauty packaging company.