Silgan Dispensing, a global leader in the design, development and distribution of highly engineered pumps and sprayers for the home, health, personal care and beauty markets, today announces it has closed on the acquisition of Albéa’s Global Dispensing Systems business, which includes its Metal (Covit Europe & US) and Brazil industrial clusters.
With the acquisition, Silgan Dispensing expands its range of lotion and fragrance pumps for the beauty, cosmetic, and fragrance markets, while also adding a market-leading portfolio of foaming and fragrance and beauty sampler/mini product solutions. Silgan also gains the experienced team of Albea employees previously focused on those product lines.
“This acquisition is a transformative move for Silgan Dispensing,” said Kevin Clark, President of Silgan Dispensing. “We add an impressive product portfolio that expands our market presence, differentiated manufacturing capabilities and a great team of talented professionals who will help us continue in our mission to be the dispensing partner our customers need to help them win in the marketplace.”
The combination of talented teams, extensive product lines, innovation capabilities, service-oriented culture and global manufacturing footprint further positions Silgan Dispensing as a global market leader in dispensing solutions for the beauty, fragrance, personal care, home, garden and healthcare market segments.
Silgan Dispensing and Albéa have signed a Transition Services Agreement to ensure a seamless integration for both customers and the new teams. Throughout this transition, the focus will continue to be on servicing customers as their valued partner, while building a stronger combined company for the future.