THE WHAT? Airlite Plastics has announced the acquisition of Cosmetic Specialties International, expanding its industry presence into cosmetic packaging products.
THE DETAILS CSI will continue to operate out of its current location in Oxnard with the local leadership in situ.
“We are incredibly excited for the future with CSI,” said Brad Crosby, Airlite President & CEO. “The addition of CSI allows us to add new product lines to our performance packaging division while expanding our geographic footprint. The team in Oxnard shares our core values of over serving the customer through the development of quality, innovative products.”
THE WHY? The deal will allow Airlite to expand its footprint in the United States and enter the cosmetics industry through a well-established industry player in the space.