Albéa boasts $20 million turnover since acquisition
“Before we acquired Eyelematic, the company’s turnover had been decreasing. Since taking over, sales have reached $20 million and our goal is to hopefully double that in the next four to five years," says De-Saignes.
On enquiring about Albéa’s secret to success is in this instance, the marketing director says; “I think it is down to our management style and integrating quality and service.”
Better service
The move has meant the company is now a specialist in galvanization, metallization, varnishing, decoration, metal and anodization, enabling it to provide packaging capabilities in fragrance, skin care and make-up, worldwide.
"As a result of the transaction, we can meet the demands of cosmetic giants like Mary K or Estee Lauder with the likes caps, plastic jars, jar covers or pursers."
The manufacturing facility previously owned by the metal specialist in Connecticut is not only continuing to serve the biggest players in the cosmetic, skin care and fragrance categories in the US but abroad as well “all exports to Europe and Asia are made from there," De-Saignes notes.
Focus
North America is the second biggest market after Europe for Albéa but the focus for the company has always been about integrating new technology and benefitting from it on a worldwide basis, according to the marketing director.
Moreover the company also indicates that it will remain actively acquisitive in the future, in the search for businesses that can meet these criteria.
“In line with this ambition, we actively explore all the opportunities for acquisitions that could bring more value to our customers, either by reinforcing our presence in emerging markets or by enlarging our range of solutions with complementary expertise."
