Italian make-up manufacturer Gotha Cosmetics is expanding its production capacity with the acquisition of Mia Cosmetic Factory, a filling company specialising in colour cosmetics.
Based in Ripalta Cremasca, near Crema, Italy, Mia Cosmetic employs more than 40 staffs and was already partnering with Gotha for the filling of a variety of products such as foundations, mascaras, brow products, glosses and highlighters, among others.
The operation will enable Gotha to develop new projects faster and enhance internal planning procedures and production. Mia Cosmetic’s owner, Fabio Moroni, will remain in the company as managing director and will be running the plant.
“This acquisition enables us to integrate and add new development and industrializing processes of main Gotha new products, with a simplified and streamlining supply chain,” said Paolo Valsecchi, CEO of Gotha Cosmetics.
The deal follows Gotha’s recent acquisition of Icolor Group, a cosmetic company with two main sites in Shanghai and Suzhou, China.