Topline
Acquires Primapack, Major European Cosmetics Packaging
Company
Topline Products has acquired Primapack, a fully owned
subsidiary of the Cosfibel Group. The acquisition creates
a platform from which Topline will be able to offer
its innovative solutions and full range of services
(packaging, filling and assembly, and full turnkey solutions)
to a dynamic customer base in Europe.
With the European expansion, Topline strengthens its
global partnership with some of the world’s leading
beauty companies by the added capacity to execute global
product launches with specific attention to customers’
regional needs in the European marketplace. The acquisition
also gives Topline the flexibility to serve any international
customer with either a regional or global strategy,
backed by local teams for day-to-day customer support.
“This acquisition aligns perfectly with our strategic
goals to provide high quality products and services
at the regional level to streamline the supply chain
and enhance speed to market,” said Charles Chang,
Topline president. “Europe is a dynamic marketplace
for innovations in beauty and personal care and the
acquisition strengthens our position to compete in this
market by utilizing Topline’s global manufacturing
locations. The acquisition of such an outstanding and
customer-focused company as Primapack will give us the
opportunity for greater exposure to other new and potential
customers.” |
