Lumson has purchased Lombardi Design and Manufacturing in the US, along with full ownership of Lombardi Design & MFG in Asia.
Financial terms of the deals remain undisclosed.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The deals form part of Lumson’s wider international expansion plan and are intended to add to its industrial and technological capacity while extending its reach in primary packaging for the beauty and personal care sector.
With the two transactions, Lumson has a direct presence in Europe, North America and Asia.
The broader footprint will support work with international clients, help build industrial and commercial ties across markets, and open access to regions.
Lumson said the addition of the US business, together with its position in Asia, increases the scale of its international operations in beauty and personal care packaging.
The US acquisition is expected to bring the group closer to customers in North America.
Its direct position through Lombardi Design & MFG in Asia is also expected to reinforce its presence in the wider Asia-Pacific area.
Lombardi Design and Manufacturing will retain its current brand, and its management and operations will remain unchanged.
Carl Lombardi will stay on as chief executive.
Funding for the acquisition came from a pool of lenders including Intesa Sanpaolo, BNL BNP Paribas, Crédit Agricole Italia and Banco BPM.
SIMEST, part of the Cassa Depositi e Prestiti Group, also backed the transaction.
Lumson Group president Matteo Moretti said: “These transactions represent a key strategic milestone in our group’s international development.
“The entry into the North American market through Lombardi Design and Manufacturing and our strategic presence in Asia through Lombardi Design & MFG Limited significantly strengthen Lumson’s international footprint, giving the Group a presence across three continents: Europe, North America and Asia.
“The industrial and geographic complementarity of our businesses will enable us to be even closer to our global customers and accelerate our growth across international markets.”
