A new milestone for Dario Moretti, the CEO and main shareholder, who decided to fully devote himself to the development of Crystalmoda after recently selling to the Lumson Group his packaging activity, Modapack. “Made in Italy, when it comes to cosmetic formulas is more than successful,” he says. “In this field we have the industrial and human skills coupled with an almost ancestral expertise. And this is a well known fact abroad!”
20 million euros in 2017
The newly completed 5,000 sqm factory can already produce some two million pieces per year of make-up powders. A figure which will jump to 25 million next year and more than 30 million in 2015. “Powder is currently our core business,” explains Moretti, “but we can also rely on a production capacity of 8 tonnes/month for the production of lipgloss, mascara, and lipstick, among others.”
Between 2014 and 2017, the financing plan is projected to inject each year some 500,000 euros. The factory is already GMP compliant and in the process of obtaining ISO standards. “We are also about to integrate several new production machines,” adds Moretti. “Demand is growing more and more. From 5 million euros in sales at the end of this year, our activities will enable us to exceed the 8 million euros mark next year. And this is only the beginning. Some foreign customers, with several of them in the United States are just waiting for our production capacities to grow.”
