The French group specializing in the design and dissemination of promotional products as well as in the production of transparent packaging (65 million euros in turnover, 200 staff) announced it is refocusing its business under two distinct entities: Cosfibel Premium and Cosfilux.
"Cosfibel Premium, the first one, is specialized in the promotional market, says Ilan Schinazi, General Manager, and has recorded growth rates exceeding 30% for the past three years. Development priorities are on a geographical base: after opening a subsidiary in Sao Paulo two years ago, then to Singapore six months ago, it is the turn of Mexico in a few days and of Milan at the start of September. Development priorities are also more diverse in terms of markets: besides the beauty industry, the wines and liquors market is also becoming a real target. Eventually, the objective to strengthen our position with some major customers in the beauty market is about to be reached.”
As for the Cosfilux entity, it basically covers industrial operations for the production of transparent containers, which located near Barcelona in Spain, the Grumbe plant.