From Yahoo Finance · · 50s
Lumson buys Lombardi's US and Asia packaging units
Lumson gains North American and Asian presence with Lombardi's packaging units
In brief
Lumson gains North American and Asian presence with Lombardi's packaging units Lumson now operates in three continents through Lombardi's US and Asia units Originally reported by Yahoo Finance.
Lumson acquires Lombardi units
Lumson bought Lombardi Design and Manufacturing in the US and Asia for beauty and personal care packaging.
North American expansion
Lumson gains direct access to North American customers through Lombardi's US unit.
Asia-Pacific presence
Lumson strengthens its Asia-Pacific reach with Lombardi Design and MFG in Asia.
Global footprint
Lumson now operates across Europe, North America and Asia for beauty packaging.
Management unchanged
Carl Lombardi stays as CEO with operations and branding unchanged.
Funding sources
Lumson secured funding from lenders including Intesa Sanpaolo and Banco BPM.
The key point
Lumson now operates in three continents through Lombardi's US and Asia units
