Ulrich Griebel General Manager of Schwan STABILO Cosmetics

Ulrich Griebel General Manager of Schwan STABILO Cosmetics

The sale of substantially all assets of Specialty Packaging Holdings (SPH), together with its direct and indirect wholly-owned subsidiaries [1] to All4 Cosmetics, a subsidiary of Schwan-STABILO Cosmetics is now completed.

We look forward to investing significant resources into Cosmolab in order to build a financially stable company for decades to come,” said Ulrich Griebel, Managing Director of Schwan-STABILO.

SPH, a developer and manufacturer of colour cosmetics, filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the United States on January 20, 2010.