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Companies & industry

IL Cosmetics opens sales office in the UK and triples R&D investments

The company IL Cosmetics (International Lacquers, Luxcos, Interpack), nail polish and make-up subcontractor offering turnkey solution, is increasing its investments. First announcements for 2013: the opening of a new entity in the United Kingdom and the tripling of investments in research and development.

The group headquartered in Luxembourg, stands by the strong progression of its activity (+25% in 2012, and more than 20% on average over the latest years) to going forward in the investment program decided in 2012.

UK-based entity

IL UK, based in London greater area, will enable IL Cosmetics to establish a closer relationship with its customers in the UK, thanks to a Sales and Marketing team headed by Rahul Swaika, and also to a colour laboratory entirely dedicated to them.

It will also help us to develop and strengthen our notoriety in the United Kingdom,” explains Aurélie Ignaccolo, Marketing Manager at IL Cosmetics.

The colour laboratory will be headed directly from Luxembourg, where the group’s R&D team is located, and all the production will continue to be based in Luxembourg

R&D investments

IL Cosmetics aims at further enhancing the technical and marketing innovations proposed to its worldwide customers in order to provide them with avant-garde solutions.

The R&D department is tripling its investments for 2013 and is currently building a brand new R&D Laboratory in Luxembourg.

Furthermore, the production facilities will be expanded in2013 with the construction of a new production unit to support the company’s business development.

No need to say that IL Cosmetics is rather optimistic about the evolution of the market. After a successful year 2012, the group expects a similar growth rate in 2013, thus far beyond 25%.

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