HCP, a global leader in the design, development and manufacture of prestige primary packaging containers for the cosmetics, skincare and fragrance industries, is acquiring a 100% stake in SIMP, the world’s leading actor in the creation, development and manufacture of cosmetic plastic applicators and rubber technical parts for the beauty industry, and specifically in plastic mascara brushes.
HCP’s management has stressed that notwithstanding this change of ownership for SIMP, it is business as usual with no disruption of service due to this change. SIMP would continue to operate autonomously within the HCP family with its President, Mr Alain Blondel, remaining as President and reporting directly to Mr Eddy Wu, HCP’s Group President and Chief Executive Officer, and with Mr Éric de Bardonnèche remaining as Sales and Development Manager.
"SIMP will continue to serve its customers, without any pressure to necessarily link the pack and the brush," said Alain Blondel to Premium Beauty News.
“HCP has partnered with SIMP over many years and we have come to admire their world-class innovation in the design, development, and manufacturing of applicators for mascara and other beauty products. SIMP will bring important new product capabilities to HCP’s wide range of packaging solutions for the leading beauty brands. In addition, SIMP will supplement HCP’s vast product development and manufacturing capabilities in China / North America with a presence in Europe,” said HCP in a release.