Quadpack has announced the acquisition of German industrial cosmetics packaging company Louvrette. The acquisition will greatly increase Quadpack’s injection-moulding capacity, making it one of the leading jar manufacturers in Europe. Terms of the deal were not disclosed.
As part of the deal, Quadpack will gain Louvrette’s 8,500 m2 manufacturing facilities, adding 40 injection-moulding lines, a mould shop and a host of new decoration services to Quadpack’s market offer.
“I am delighted with the deal. Louvrette was ready for expansion and Quadpack is perfectly positioned to take its operations to the next level,” says Louvrette General Manager and Owner Fabian Erlhoefer. “Quadpack’s global presence and infrastructure will push Louvrette’s products onto the world stage, while its design acumen enhances our manufacturing know-how. Together, we can meet the needs of any cosmetics brand, as we complement each other perfectly in business and culture.”
Quadpack CEO and Co-Founder Tim Eaves adds, “Louvrette and Quadpack are kindred spirits. We are both people-focused organisations with similar values. Our strengths go hand in hand. Louvrette brings mould making, engineering and manufacturing expertise. We bring market-leading creative design together with a global infrastructure in sales, marketing, sourcing and logistics. It’s the convergence of ‘German engineering excellence’ with ‘creativity born in Barcelona’.”