07.11.24
Lumson S.p.A. signed an agreement on July 10th, 2024, with Alcedo SGR (acting through the Alcedo V Fund) finalizing the sale of 100% of its shares of Marino Belotti S.r.l., a company involved in the design, development, and production of primary packaging solutions for the prestige and masstige segments of the cosmetics industry.
The sale aligns with Lumson Group's previously announced strategy of focusing on the skincare sector and gradually reducing its presence in non-core business areas, particularly those closely related to makeup.
Matteo Moretti, President of Lumson, stated:
“We are very satisfied with the outcome of this deal, which keeps the focus of the Group on the makeup industry. The transaction, closed after one year of hard work, allows us to fully commit to the Group's industrial plan. The sale of Marino Belotti is consistent with our strategy and our role as producer of primary packaging for the skincare sector, enabling us to further strengthen the Group's financial capacity and allowing us to continue our growth trajectory and seize development opportunities in our core business.”
Throughout the process, Lumson was supported by an internal business development team consisting of Simone Cocchi and Fabio Priori, led by President Matteo Moretti and Vice President Francesco dell’Elmo, which also included Clearwater (financial advisor) and Chiomenti (legal advisor).
About Lumson Group
Founded in 1975 by Cavalier Remo Moretti, the Lumson Group is actively involved in the design, production, and sales of innovative primary packaging solutions for the skincare sector (particularly airless systems, dispensing systems, glass bottles, plastic bottles, and lipsticks).
Under the leadership of Matteo Moretti, the Group has five operational sites in Italy and branches in France, the United States, Spain, Germany, and Poland. To date, it boasts a consolidated turnover exceeding 140 million euros, a post-deal leverage of 1.1x, and more than 600 employees.
