11.30.22
Through the family holding company, Matteo Moretti has purchased the entire interest in Lumson S.p.A. held by FSI SGR S.p.A. on behalf of the fund "FSI I."
Lumson is a leading company in Europe in the design, development, production and decoration of primary packaging systems for the cosmetic and makeup market.
The Capergnanica-based company has exceeded 130 million euros ($134.6 million) 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 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 has strengthened its position in the high-end makeup segment, also thanks to the acquisition of Marino Belotti. Moreover, innovative projects were completed in the field of sustainability.
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.”
Lumson is a leading company in Europe in the design, development, production and decoration of primary packaging systems for the cosmetic and makeup market.
The Capergnanica-based company has exceeded 130 million euros ($134.6 million) 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 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 has strengthened its position in the high-end makeup segment, also thanks to the acquisition of Marino Belotti. Moreover, innovative projects were completed in the field of sustainability.
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.”
