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Divestiture
of
Lisi
COSMETICs
The LISI Group has accelerated its focus on its traditional business
by finalizing in April 2011, the sale of LISI COSMETICS to the
Pochet group. Exclusive negotiations had been under way since
February. The divested line of business specialized in the design
and manufacture of assembly components and complex plastic
and metal packaging for the fragrance and cosmetics industry.
LISI COSMETICS, which employs 490 employees in three French
sites, in 2010 generated sales revenue of €52.8 million (7% of the
LISI Group’s total sales) working with major brands in the industry,
including the most prestigious luxury brands. The Pochet group
has chosen to integrate the company into its plastics subsidiary
Qualipac.
2011 Key events