After four years of joint ownership, Matteo Moretti, Chairman of Lumson, has purchased, through the family holding company, the entire interest in Lumson held by FSI SGR on behalf of "FSI I" fund.
Lumson said the transaction allows the Moretti family to complete the succession started in 2018 and to accelerate the company’s growth path in the cosmetic primary packaging sector.
In the last five years, the turnover of the Capergnanica-based company has doubled to exceed 130 million.
Under the leadership of Matteo Moretti, the company strengthened significantly in the high-end make-up segment, in particular thanks to the acquisition of the Marino Belotti company, which focused on the production of compact cases and other powder boxes.
The Moretti family said their goal is to further accelerate Lumson’s growth and consolidate its leadership position in the skincare segment of the primary packaging sector, continuing under the guidance of its Chairman Matteo Moretti, the Chief Executive Officer Antonio Recinella, and the current management team.
"I am very proud for the growth of Lumson and the value created for all shareholders and stakeholders achieved thanks to the commitment and contribution of my father Remo - founder of Lumson in 1975 -, the Board of Directors, the management team and all employees of the Group. Lumson today represents a major player in the primary packaging industry with a diversified product portfolio and a focus on sustainability that makes the company an important partner for leading international cosmetic brands. FSI has supported us in achieving this goal,” commented Matteo Moretti.
